Kenya Shilling Holds Steady Against US Dollar, as Forex Reserves Drop to 4-Week Low
The Kenya shilling remained stable against major international and regional currencies in the week ending February 27, 2025, trading at KSh 129.31 per US dollar, a slight change from KSh 129.45 on February 20CBK reported minor fluctuations in the exchange rates of other major currencies, with the Sterling Pound averaging KSh 163.81 and the Euro at KSh 135.79 during the same periodUganda shilling traded at KSh 28.39, the Tanzanian shilling at KSh 20.05, the Rwandese Franc at KSh 10.80, and the Burundian Franc at KSh 22.87Kenya’s foreign exchange reserves dropped...









