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World Bank Explains How Kenyan Shilling Became Best-Performer in Sub-Saharan Africa
The World Bank credited the increase in the shilling's value to the Central Bank of Kenya (CBK) raising the base lending rate and partial Eurobond settlement.
World Bank Projects 5% Growth in Kenya's Economy on Strong Shilling, External Funding
The World Bank projected Kenya's economy to grow by 5% in 2024 supported by the strong shilling, which gained against the US dollar due to external funding.
Kenya Shilling Below KSh 130 Per Dollar: What It Means to Local Manufacturers, Consumers
Kenya Association of Manufactures (KAM) COO Tobias Alando explained that the continued strength of the shilling against the US dollar is a plus for the sector.
Kenyans React as Shilling Continues to Strengthen Against US Dollar: "Commodity Prices Should Drop"
Kenyans are hopeful that a strong shilling will lead to a drop in commodity prices, offering relief to consumers grappling with the high cost of living.
Kenyan Shilling Continues to Strengthen, Exchanges at 127 Against US Dollar
The Kenyan shilling is steadily gaining value against the United States (US) dollar and other currencies, including the Ugandan and Tanzania shilling.
Central Bank of Kenya Governor Kamau Thugge Projects Rise in Imports on Strong Shilling
Central Bank of Kenya (CBK) governor Kamau Thugge has forecasted an increase in the country's imports due to the strengthening of the Kenyan shilling.
Kenyans Express Concerns over Shilling Strength Against US Dollar: "Let It Go to KSh 100"
Central Bank of Kenya (CBK) reported a continued gain in value of Kenya shilling against the US dollar in the first week of April 2024, trading at around KSh 130.
Kenyan Woman Living in US Breaks Down After Losing Over KSh 5m Savings She Sent to Build Home
A Kenyan woman living in the US broke down narrating how she has been swindled all her six years savings that she sent back home to buy a piece of land.
James Mwangi: Kenya Shilling True Value Against US Dollar Depends on Value of Imports, Demand and Supply
Equity Bank Group managing director and CEO James Mwangi said the current exchange rate shows the Kenya shilling market value against the US dollar.
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