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The Standard e-Paper
Kenya’s Boldest Voice
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.
The Kenyan shilling fell to a new four and a half year low on Friday, extending its weakening streak due to persistent worries about the impact of the coronavirus pandemic on export earnings.
Commercial banks quoted the shilling at 105.70/90 per dollar, a fresh low since late 2015, and down from 105.50/70 at Thursday's close.
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