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| Zahid Mustafa, head of consumer banking, Barclays Bank of Kenya (left) unveils the plaque to officially launch the Barclays Mombasa Road branch at Parkside Tower. He is flanked by a customer Emmanuel Mangoa Onuonga (right) and the bank’s Chief Operation Officer Abdi Mohamed (second left). |
By James Anyanzwa
The shilling, which has enjoyed relative stability against major world currencies, is now under threat. It now faces the exchange risk from volatile oil prices and increased importation of goods.