Dollar rally drives shilling to 5-day weakening streak
A resurgent US dollar amidst heightened geopolitical risks and fading hopes of multiple interest rate cuts by the US Federal...
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Cash outside banks drop fastest in five years
Currencies Cash outside banks drop fastest in five years Monday April 01 2024 Kenyan shillings. PHOTO | SHUTTERSTOCK Cash circulating...
External public debt up Sh450bn as shilling loses value against major currencies
Kenya’s external debt rose Sh450 billion in the five months to November 2023 as the shilling lost value against major...
Firms stack up 70pc dollars in market
Currencies Firms stack up 70pc dollars in market Friday February 02 2024 Business corporates raised their share of dollar deposits...
Promote exports to cure nation’s currency woes
Kenya finds itself at a crucial juncture in its economic trajectory. The shilling has experienced significant depreciation against the US...
Shilling in rare upturn, records biggest gain in three years
Currencies Shilling in rare upturn, records biggest gain in three years Thursday January 25 2024 Kenya shilling notes. The Kenya...
Shilling falls further against major world currencies
With still over three months to the end of 2023, the local exchange rate has nearly doubled its losses against...
Kenya’s rich investors, businesses’ dollar deposits rise to $7.27 billion
By BUSINESS DAILY Wealthy Kenyans and businesses’ stockpile of dollars nearly touched a trillion in February amidst a biting shortage...
