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The Standard e-Paper
Truth Without Fear
The Standard Group Plc is a
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print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Kenya’s shilling weakened further against the dollar Wednesday, as it came under increasing pressure due to inflated demand from companies looking to buy dollars at current rates out of fear the local currency would weaken further.
At the close of trade Wednesday, commercial banks quoted the shilling at Sh104.65/75 to the dollar, compared to Tuesday’s close of Sh104.25/35 to the dollar.
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