US dollar
Senators explain reasons Kenyans wanted US Ambassador Meg Whitman gone despite trade promotion
US Ambassador Meg Whitman faced mixed reactions in Kenya; praised for trade promotion but criticised for perceived government bias on human rights issues.
Kenya posts strong foreign currency inflows as shilling rallies against US dollar
Central Bank of Kenya (CBK) reported a significant growth in the foreign currency reserves to $9,323 million, supporting up to 4.8 months of import cover.
US election 2024: What Donald Trump’s win means for Kenya’s economy
A Trump win could impact Kenya in several ways, particularly in trade, foreign aid, and diplomacy. During his previous tenure, he emphasised America-first policies.
Safaricom takes KSh 17b hit as Ethiopian birr continues to weaken
Safaricom has reported a significant financial setback as it grapples with a KSh 17 billion hit due to the depreciation of the Ethiopian birr against the US dollar.
IMF: Kenya risks defaulting on loans as public debt rises to 73.1% of GDP
Kenya faces an escalating debt crisis, and the IMF has warned of a heightened risk of loan default. The country’s public debt has reached 73.1% of its GDP.
How Kenya shilling performed against major regional, international currencies in October as US dollar falls
The Central Bank of Kenya (CBK) report indicated stability in the value of the shilling against major international currencies in the past months.
Kenya shilling gains more in value as US dollar depreciates amid election jitters
The dollar declined in value in more than six weeks from September 2024 as US election jitters developed among investors, pushing up Kenya shilling value.
Electoral College: History of US's voting bloc, how it works and why it matters in Harris-Trump Duel
As Vice President Kamala Harris faces former president Donald Trump for the presidency in 2024, the US Electoral College will serve as the decisive mechanism.
IMF breaks down funding programme achievements in Kenya, including stabilisation of shilling
The International Monetary Fund (IMF) highlighted the achievements of the loan programme, including lowering Kenya's inflation to the current 2.7% in October 2024.
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