The Kenyan shilling maintained a 12-month high against other international and local currencies Data from the Central Bank of Kenya (CBK) showed that the shilling traded at KSh 129.24 per US dollar on ...
For the best experience, please enable JavaScript in your browser settings. Low economic production reduces exports and increases imports, leading to currency ...
TUKO.co.ke journalist Japhet Ruto has over eight years of experience in financial, business, and technology reporting, offering insights into Kenyan and global economic trends. The Kenyan shilling ...
Kenya operates a floating exchange rate regime. This means that the value of the shilling is, in principle, determined by market demand and supply. Market demand and supply are affected by the ...