CBK rejects Trump currency manipulation claims amid Sh12.9b tariffs hit

Central Bank of Kenya Governor Kamau Thugge says Trump's tariff could reduce Kenya's exports to the US by approximately Sh12.9 billion ($100 million). [File, Standard]

Kenya has refuted allegations of currency manipulation leveled by the Trump administration.

This is even as Nairobi acknowledges a potential $100 million (Sh12.9 billion ) hit to the country's export earnings from newly imposed US tariffs.