Currencies

Shilling Drops Below 130 Mark Against Dollar Since April

The currency has gained against the dollar by 0.3 percent when it closed Monday at 130 units.

The Kenya Shilling retailed at 129.6 units against the greenback Tuesday – according to official figures from the Central Bank of Kenya (CBK).

It has gained in strength against the dollar by 0.3 percent when it closed Monday at 130 units.

The shilling last traded in the current range of 128-129 in mid-April this year.

 

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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.

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