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.
It was least expected that the Central Bank of Kenya (CBK) would hike the interest again in two months. But they did.
CBK Governor Kamau Thugge added a twist to it - he said the shilling has gone beyond its equilibrium rate. Fascinating because the equilibrium exchange rate is unknown.
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