A weak shilling increases the cost of imports as more local currency units are now needed to exchange for the hard currencies used in the international markets.
Search Results: shilling (358)
The Kenya shilling in April slumped to an all-time low exchanging at 115.8 units against the dollar on increased dollar…
Co-op Bank Group Thursday posted a net profit of Ksh 16.5 billion for the fiscal year 2021 ending December 31…
The Kenyan shilling continued its slide a week before the Monetary policy Committee meets on November 29. The currency exchanged…
The Kenyan shilling depreciated to a record against the dollar attributed to increased import activities by local traders. The shilling…
The Kenyan shilling held steady against major international and regional currencies during the week ending Sept. 17 attributable to increased…