Kenyan shilling strengthens on inflows from remittances

February 3, 2020

Less than a minute

The Kenyan shilling strengthened on Monday supported by inflows from remittances and offshore investors interested in buying government bonds, traders said.

Commercial banks quoted the shilling at 100.35/55 per dollar, compared with 100.45/65 at Friday’s close.

February 3, 2020

Less than a minute

Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.