Kenya central bank to meet a month early as shilling slides

Central Bank Headquaters in Nairobi

Kenya's central bank brought its next monetary policy meeting forward by four weeks to June 9 after the shilling fell to a 3-1/2-year low, which analysts said could signal a plan to raise rates.

The shilling has been sliding for more than a year but the pace of the fall has picked up in recent weeks, partly due to the global strength of the dollar and plunging foreign exchange flows from tourism in the wake of Islamist attacks.