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Kenyan shilling holds record low against dollar
Reuters via Yahoo Finance· 2 years agoNAIROBI, June 8 (Reuters) - Kenya's shilling held firm on Wednesday, but remained squeezed by dollar demand from fuel importers and the manufacturing sector amid a shortfall in supply from remittances ...
Kenya Central Bank Chief Says Currency Depreciation Overdone
Bloomberg via Yahoo News· 5 months ago(Bloomberg) -- The Kenyan shilling’s depreciation of almost 20% against the dollar this year is...
Kenyan shilling broadly stable; importer dollar demand rises
Reuters via Yahoo Finance· 1 year agoNAIROBI, Jan 18 (Reuters) - The Kenyan shilling was broadly stable on Wednesday, although traders said it could weaken on increased foreign-currency demand from importers in sectors like energy ...
Unrelenting Pressure Sees Kenyan Shilling Drop 60 Straight Days
Bloomberg via Yahoo News· 1 year ago(Bloomberg) -- Kenya’s shilling dropped to a new record after 60 straight days of declines, its...
Fact check: Kenya has US dollar shortage, but won't stop using American money
USA TODAY via Yahoo News· 1 year agoThe claim: Kenya is getting rid of the US dollar A March 27 Instagram post features a video of Kenyan President William Ruto talking about the U.S. dollar. "For the people who work numbers, ...
Pressure on Kenyan Shilling Seen Easing as Fed Set to Slow Hikes
Bloomberg via Yahoo News· 1 year ago(Bloomberg) -- Kenya’s shilling is expected to depreciate at a slower rate this year, compared with...
Kenya is running out of US dollars
Quartz via Yahoo Finance· 1 year agoKenya is facing an acute foreign exchange crunch, with US dollar reserves dropping to their lowest in eight years as its currency keeps plummeting...
Kenyan Currency Heads for 14 Months of Decline Ahead of Election
Bloomberg via Yahoo Finance· 2 years ago(Bloomberg) -- Kenya’s shilling is poised for 14 straight months of depreciation against the dollar...
Kenya Central Bank Chief Sees Scope to Support Battered Shilling
Bloomberg via Yahoo News· 3 months ago(Bloomberg) -- Kenya’s central bank governor said the depreciation of the shilling that has lost...
Foreign investors are fleeing Kenya’s stock market
Quartz via Yahoo Finance· 1 year agoForeign investment in Kenyan stocks has nosedived. In March, the Nairobi Securities Exchange (NSE), east Africa’s biggest bourse and Kenya’s only such...
