Currencies
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IMF Increases Kenya’s Loan Limit to Ksh.142.7 Billion
The International Monetary Fund (IMF) team and Kenyan authorities have agreed on the sixth evaluation of Kenya’s economic program under…
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Kenya To Lead Charge in Africa to lessen dependency on US Dollar
Kenya is leading the charge among African nations to lessen their dependency on the US dollar after winning the competition…
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Kenya Shilling Edges up 0.04% Against US Dollar
The Kenya Shilling stabilised against the US Dollar at 149.84 units at the close of trading Thursday, representing a 0.04%…
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Investor Sell-off at NSE hits Shilling to its weakest
The Nairobi Securities Exchange (NSE) suffered a significant blow last week, with the market capitalisation dropping by 1.5 percent. The…
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State opts for short-term bonds as shilling value dips 0.5% against Dollar in under a week
The Kenya Shilling has continued to shed its value against the US Dollar, having lost 0.58 percent in value for…
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Dhow CDS is a Game Changer into Kenya’s Security Market
The Central Bank of Kenya (CBK) has again led the park by officially launching Dhow CDS, a central depository infrastructure…
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Kenya Shilling strengthens against Sterling Pound to close Tuesday at 182.7 units
In terms of major currencies exchange against the Kenyan currency, the Shilling strengthened against the sterling pound by 0.09% to…
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More pain as Shilling value falls 0.4% against US Dollar
The Kenya Shilling depreciated by 0.4% against the US dollar to close the week at Ksh.144.2 from Ksh.143.6 recorded the…
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African currencies under pressure on continued higher US interest rates
Weaker currencies make the fight to curb inflation harder given that majority of African countries dependend on imports Since the…
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Shilling value to US dollar down 0.4% in the past week
For the past week, the Kenya Shilling depreciated by 0.4% against the US dollar to close the week at Ksh.143.6…
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