The weakening of the US dollar, now trading at a three-year low against the euro, is raising concerns among global fund managers about the future of the greenback as the world’s currency, and its ...
The Kenyan Shilling has remained stable as demand for the US dollar declines, easing pressure on the local currency. According to Reuters, Kenya’s shilling remained unchanged on Thursday, April 3, ...
The Kenyan shilling has depreciated against major trading currencies as of March 2023, Treasury Cabinet Secretary Njuguna Ndung'u says. In a monthly report highlighting the leading economic indicators ...
NAIROBI (Reuters) -Kenya's shilling was flat against the dollar on Friday, data from the London Stock Exchange Group (LSEG) showed. At 0932 GMT, the shilling was trading at 129.10/50 per dollar, the ...
The contraction in forex income across all top banks reflects subdued activity in currency markets after the shilling’s ...
NAIROBI, Kenya, Dec 10 - Central Bank of Kenya (CBK) governor Kamau Thugge has reiterated that Kenya’s exchange rate remains fully market-driven, pushing Kenya breaking news | Kenya news today | ...
The National Treasury says Kenya has enough dollars in its reserves despite reports suggesting that the important trade currency is extremely scarce. Treasury Principal Secretary (PS) Dr. Chris Kiptoo ...
NAIROBI (Reuters) - Kenya's shilling was unchanged on Thursday, helped by low importer demand for the dollar, traders said. At 0830 GMT, commercial banks quoted the shilling at 129.00/50, the same as ...
At 0916 GMT, commercial banks posted the shilling at 101.15/25 per dollar. Kenya shilling coins and notes are pictured inside a cashier's booth at a forex exchange bureau in Kenya's capital Nairobi, ...
At 0700 GMT, commercial banks posted the shilling at 103.10/30 per dollar, up from last week's 103.90/104.10. A fuel attendant handles Kenyan shilling notes at a petrol station in the capital Nairobi ...
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