×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - on Play Store
Download Now

CBK boss Thugge put in a corner over weakening shilling

Vocalize Pre-Player Loader

Audio By Vocalize

Central Bank Governor Kamau Thugge responded to audit queries when he appeared before the National Assembly Public Accounts Committee at Parliament. [Boniface Okendo, Standard]

Central Bank of Kenya Governor Kamau Thugge has identified fiscal consolidation, early repayment of government debts and attracting foreign direct investments as the cure to the depreciating Kenyan Shilling.

The Governor revealed this after he was taken to task by MPs over the depreciation of the Shilling compared to other currencies in the region on Tuesday.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Business
Big win for Ruto as court clears path for sale of key State firms
By Brian Ngugi 20 hrs ago
Business
PwC now seeks buyers for Koko Networks assets
Business
Kenya Pipeline Company IPO extended by three working days
Enterprise
When fundamentals are stable but the patient is terrified