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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.
High demand for the US dollar by Kenyan oil importers has been blamed for the continued pressure on the Kenyan shilling as markets closed yesterday.
Commercial banks quoted the shilling at 104 units to the greenback, the lowest since weakening to 105.65 to the dollar in September 2015, according to a Reuters report.
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