The Kenya Shilling has continued to fall against the US dollar, approaching the 121 level on Thursday, potentially resulting in substantially higher living costs. The shilling...
Shilling sank to a record low on Friday as political headwinds, inflation and high debt burden weigned in, before paring losses to trade at Sh119.9. The...
Kenya’s depreciating currency cost the country nearly half a trillion shillings on the external public debt burden alone, eroding the government’s efforts to pay external lenders....
The Kenyan Shilling has weakened against the dollar to a new record low of KSh115 as of Friday, 26th March 2022. Commercial banks quoted the shilling...