The shilling remained relatively stable on Wednesday following the victory of Donald Trump in US elections that occasioned a sharp, one-day rally of the dollar against major world currencies. Live ...
Shortly after Kenya's 2022 elections, the shilling depreciated rapidly against the US dollar - the country's main currency for international transactions - fuelling a wave of political discontent.
TUKO.co.ke journalist Japhet Ruto has over eight years of experience in financial, business, and technology reporting, offering insights into Kenyan and global economic trends. Due to rising import ...
The World Bank Group has credited interest rate increases by the Central Bank of Kenya (CBK) and the partial settlement of Kenya’s debut Eurobond for the shilling's rally seen since mid-February.
NAIROBI, Feb 14 (Reuters) - The Kenyan shilling extended gains on Wednesday, hitting its strongest in more than three months as confidence the government would pay off a Eurobond maturing in June ...