US dollar
List of Countries and Banks that Kenya Owes Loans as Strong Shilling Performance Cuts Debt Size
Kenya has taken several loans from countries and international organisations. These loans are denominated in foreign currencies which is financially risky.
Kenya's US Dollar Reserves Surpass KSh 1 Trillion as Shilling Holds Steady
The Kenya shilling has held steady against major global and regional currencies. CBK has also increased its foreign exchange reserves by over KSh 178 billion.
Meet Kenyan Man Selling Chapati at KSh 320 Each in Canada
An enterprising Kenyan man, Dan Webale, has taken the Canadian culinary scene by storm with his uniquely priced chapatis, selling each for KSh 320.
Boniface Wanjiku: Kenyan Man Rises from Taxi Driver to US Army Soldier
Boniface Wanjiku's inspiring journey from a taxi driver in Kenya to a soldier in the United States (US) Army epitomises resilience and determination.
Kenya Shilling Regains as Best Performing Currency Against US Dollar, Rallies to 15-Month High
The Central Bank of Kenya (CBK) official rate indicated that the shilling traded at KSh 128.46 against the US dollar in the second week of June 2024.
Kenya Shilling Gains Further to Trade at KSh 128 Per USD as CBK Increases Forex Reserves
The Kenya shilling gained against major global currencies in mid-June 2024. The Central Bank of Kenya also reported an increase in the national US dollar reserves.
Kenyans in USA to Access Solar Funding for Families in Kenya: "Due to High Electricity Bills"
Kenyans in the US can now secure funding to install solar panels for their families back home in Kenya, helping to combat the country's high electricity costs.
Kenya Central Bank's Usable Forex Reserves Drop Below 4 Months Import Cover Despite Strong Shilling
Kenya's forex reserves have dropped below the recommended four months import cover. An economist explained some reasons why CBK is comfortable with current levels.
Kenya Shilling Hits Below 130 Against USD in Forex Markets as CBK Maintains 13% Base Lending Rates
Kenya shilling remained stable and gained in forex markets, bolstered by high interest rates. Kamau Thugge was awarded for masterminding fiscal policies.
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