Kenya Shilling Depreciates 4.20% Against Dollar in H1’2022
A weak shilling increases the cost of imports as more local currency units are now needed to exchange for the…
Shilling Falls to Kshs 115.8 in April on Rise in Dollar Demand
The Kenya shilling in April slumped to an all-time low exchanging at 115.8 units against the dollar on increased dollar…
Kenya Shilling Hits 111 Against the Dollar, Remains Stable
The Kenyan shilling depreciated to a record against the dollar attributed to increased import activities by local traders. The shilling…
Kenya Shilling Holds Steady Against the Dollar; FX Reserves Drop
The Kenyan shilling held steady against major international and regional currencies during the week ending Sept. 17 attributable to increased…
Kenya Shilling Remains Stable At 107.95 Against US Dollar
The Kenyan shilling remained stable at 107.95 week ending July 8 as the demand for the dollar matched its supply…
Kenya Shilling To Remain Under Pressure in 2021, Depreciates 0.3% in Q1’2021
The Kenyan currency is expected to remain under pressure in 2021 as largely driven by external factors says Cytonn Investments,…