Kenya Shilling buckled further against the US Dollar Monday, with only o.25 units shy of hitting the 118 level. Data by the Central Bank of Kenya (CBK) shows the shilling traded at 117.75, a 0.6 percent drop in 20 days when it hit 117 levels. This is
Kenya's shilling weakened against the dollar for the 12th consecutive month in June as the dampening global economic outlook accelerated its rate of depreciation. The shilling is currently at 117.0 units against the dollar, amidst outcry by manufacturers over dollar shortage in the market. This is a
The Kenya Shilling weakened to its lowest level against US dollar Monday, signaling harsh economic times an ordinary Kenya is bearing to put food on the table. According to data by Metropol Harvest, the shilling dropped to 116 level to trade at Ksh.116.0 against U.S Dollar. It
The Kenya Shilling has increased its vulnerability pace against the U.S Dollar, indicating a piled pressure on common commodity prices for Kenyans. Data from the Central Bank of Kenya (CBK) shows the shilling is now exchanging at its lowest record of Ksh.115.7 against per dollar, with
The shilling is speculated to weaken to its lowest even further because Indonesia is imposing a ban on palm oil export to balance its domestic consumption.
The Kenya shilling hit a 15-month all-time low of 115 units against the US dollar Monday, the lowest record in history. According to the Central Bank of Kenya (CBK), the Kenya shilling hit a record low to trade at an average of Ksh.115.0 per dollar. This is
The Kenyan shilling hit a record low Monday against US Dollar to exchange at Ksh.114.7 against US Dollar, with only 0.25 units remaining to hit 115 level against the dollar. The shilling hit a 14-month all-time low to 114 units against the US dollar on March
The Kenyan shilling depreciated by 0.2 percent against the US dollar, to start the week at Ksh.114.4, partly attributable to increased dollar demand from the oil and energy sectors. This is the lowest the Kenyan shilling has ever depreciated against the dollar. According to Cytonn's report, pressure
The Kenya shilling hit a 14-month all-time low to 114 units against the US dollar Tuesday, signaling a looming crisis in commodity prices. According to the Central Bank of Kenya (CBK), the Kenya shilling hit a record low to trade at an average of Ksh.114.0
The Kenyan Shilling has remained unstable against the US Dollar in the recent past, signaling economic headwinds amidst the ravaging coronavirus pandemic. According to the Central Bank of Kenya (CBK), the shilling is now 0.41 units away to hit 114 level against the dollar currently exchanging
