The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
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.
Premium Article
Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Stand With Bold Journalism.
Stand With The Standard.
Journalism can't be free because the truth demands investment.
At The Standard, we invest time, courage and skills to bring you accurate,
factual and impactful stories. Subscribe today and stand with us in the
pursuit of credible journalism.