Kenya’s private sector activity slumped in March, weighed by rising prices and cash flow problems for the second month. The…
Search Results: shilling (359)
The Kenya shilling weakened sharply against the US dollar, hitting a fresh low of 129. The depreciation has partly been…
Liquidity in the money markets tightened, with the average interbank rate increasing to 4.4% from 4.2%
On a year-to-date basis, the shilling has depreciated by 7.6% against the dollar. This is higher than the 3.6% depreciation recorded in 2021.
The Kenyan shilling depreciated against the US Dollar by 2.5% in Q3’2022 to close at Kshs 120.7. This is in…
The shilling was exchanged at an average of 119.9059 compared to KSh 119.47 per US dollar on August 18.