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IMF inflows ease pain for importers, lifts shilling

NEWS

Currency gained ground against the dollar to a seven-month high with Sh107.3 of the local unit fetching a greenback.

IMF inflows ease pain for importers, lifts shilling

By Dominic Omondi | 6 months ago

Market jitters over shilling six-month losing streak

Market jitters over shilling six-month losing streak

Weak unit has raised fears of import inflation, with prices of products like oil, machinery and some food items likely to rise.

Dominic Omondi | 10 months ago

Pain of weakening shilling as unit hits lows of Sh108

A weaker unit increases the cost of essential items and ups Kenya’s debt.

Dominic Omondi | 11 months ago

Kenya's shilling hits new record low

Traders said the shilling was trading at 108.20 per dollar in the afternoon, lower than its morning level of 107.75/95

Reuters | 1 year ago

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