Currencies
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Kenya Shilling Weakens Against Dollar as President Ruto Rescinds Finance Bill, 2024
The Kenya Shilling faced a slight devaluation against the US Dollar following President William Ruto’s decision to retract the controversial…
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Shilling Drops Below 130 Mark Against Dollar Since April
The Kenya Shilling retailed at 129.6 units against the greenback Tuesday – according to official figures from the Central Bank…
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Why Kenya Shilling Can’t Hold Grip Against Dollar for Long
Kenya has witnessed a significant shift in its currency dynamics, with the Kenyan Shilling depreciating against the US Dollar –…
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Shilling Gains 1% Against Dollar to Open Week at 131 Units
The Kenya Shilling kicked off the week with a 1% gain against the US Dollar, at 130.4 units. The local…
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Shilling Gain Helps Ease Kenya’s Inflation to 2-year Low
Kenya’s inflation eased to a two-year low according to the latest data by the Kenya National Bureau of Statistics (KNBS).…
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Kenya Shilling Now Trading at 138 Units
The Kenyan Shilling has seen a notable appreciation against the dollar, closing at 138.8 units as of Wednesday. This marks…
Read More » Kenya Shilling Up 2.1% to Record 139 Units Against Dollar
The US Dollar has lost its grip against the Kenya Shilling after it opened the week at 139 units low.…
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Uganda Shilling Up 0.8% to 3,884 Per Dollar
Uganda’s shilling advanced the most in seven months in Kampala before an unscheduled meeting of the central bank’s monetary policy…
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Why Kenya Shilling is Volatile Against Dollar Despite Gains
The Kenya Shilling has strengthened against the US Dollar, rebounding from a 1% decline last Friday. Data from the Central…
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US Dollar Loses 11% in Value Against Shilling Under a Month
The US Dollar recently experienced a shift in trajectory, challenging its dominance over the Kenyan Shilling. For months, there was…
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