News

The Kenyan Shilling has survived global market turbulence, rising oil prices, and billions in debt repayments for more than ...
CBK Governor Kamau Thugge said the stability has strengthened because of diversified foreign exchange inflows.
NAIROBI (Reuters) -Kenyan lender KCB Group's first-half pretax profit rose 7%, helped by higher interest income, the bank ...
The shilling’s movement versus other global and regional currencies has been more pronounced, making the dollar an outlier in ...
NAIROBI, March 18 (Reuters) - The Kenyan shilling was barely changed on Tuesday, but traders said it could soon get a boost from increased dollar inflows from remittances. At 0732 GMT, commercial ...
New funding pledges of nearly $900 million ahead of a Eurobond repayment deadline are failing to defend Kenya’s shilling from fresh lows, with analysts forecasting further weakness as the rising ...
Kenya's shilling held its ground against the dollar on Friday, as traders were cautious before the introduction of oil import deals that should ease persistent FX demand from fuel marketers.
Kenya is dealing with a dollar shortage, according to the German news outlet Deutsche Welle. The Kenyan shilling has also lost about 10% of its value relative to the dollar in the last year ...
NAIROBI, March 21 (Reuters) - Kenya's shilling KES= was stable on Thursday, with dollar inflows largely matching importer demand, traders said. At 0731 GMT, commercial banks quoted the shilling at ...