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Take action against those sabotaging the shilling

Last month the shilling hit 119 against the dollar. [Istockphoto]

Central Bank of Kenya (CBK) Governor Patrick Njoroge has said the recent decline of the Kenya shilling was artificially engineered during the general election.

Dr Njoroge said certain individuals likened the scheme that led to the fall of the shilling to Goldenberg scandal, in reference to the 1993 scam that cost taxpayers billions of shillings and pushed the country's inflation past 100 per cent.

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