× Business BUSINESS MOTORING SHIPPING & LOGISTICS DR PESA FINANCIAL STANDARD Digital News Videos Health & Science Lifestyle Opinion Education Columnists Moi Cabinets Arts & Culture Fact Check Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS

Shilling holds steady after elections

By Macharia Kamau | August 15th 2017

The Kenya shilling has over the last one week held ground and even made slight gains against major world currencies, despite the tensions that followed last Tuesday’s polls.

It has also withstood the aftermath of the polls, where the Opposition has disputed the election results.

According to a Reuters report, it gained slight ground yesterday and traders said they were watching political developments.

Banks quoted the shilling at 103.80/90 to the dollar, compared with Friday’s close of 103.90/104.00.

[Machaira Kamau]

Share this story
Stanbic profit drops to Sh1.7 billion
Stanbic Bank’s profit fell 12 per cent in the first half of this year following reduced lending and income from interest on loans.
Dog walking becomes the newest hustle in town
Dog walking is now a status symbol. Owning a pet is cool. I nowadays meet lots of Kenyans and foreigners walking their dogs and some running.