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.
Kenya's foreign exchange reserves experienced a decline of 112 million U.S. dollars this week, adding pressure on the local currency, the shilling, which reached a historic low of 147 to the dollar, the Central Bank of Kenya said in its update on the financial markets issued on Friday.
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