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Shilling stable despite more political jitters

Nairobi, Kenya: The National Treasury expects the shilling to remain firm against the major world currencies. This is despite the rising political temperatures in the country. The opposition has been demanding national dialogue with the ruling Jubilee administration on matters it considers to be of national importance, including the high cost of living, equitable distribution of public appointments and the rising cases of insecurity in the country.

Cabinet Secretary Henry Rotich said though the shilling could be impacted by the political tensions in the country, it will quickly revert to its strong position - mainly due to the sound macroeconomic fundamentals prevailing in the economy.

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