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CBK Governor Kamau Thugge said the stability has strengthened because of diversified foreign exchange inflows.
The Kenyan Shilling has survived global market turbulence, rising oil prices, and billions in debt repayments for more than ...
NAIROBI (Reuters) -Kenyan lender KCB Group's first-half pretax profit rose 7%, helped by higher interest income, the bank ...
A high-profile fraud case has spotlighted gaps in Kenya’s proposed crypto regulations, raising fears of illicit flows and a ...
Interventions by Kenya’s central bank are suppressing volatility in the shilling as officials try to keep the best-performing currency in Africa from getting too strong.
NAIROBI (Reuters) - The Kenyan shilling was unchanged against the U.S. dollar on Tuesday, data from the London Stock Exchange Group showed. At 0931 GMT, the shilling was quoted at 128.90/129.40 ...
NAIROBI, March 18 (Reuters) - The Kenyan shilling was barely changed on Tuesday, but traders said it could soon get a boost from increased dollar inflows from remittances. At 0732 GMT, commercial ...
Kenya is dealing with a dollar shortage, according to the German news outlet Deutsche Welle. The Kenyan shilling has also lost about 10% of its value relative to the dollar in the last year ...
Kenya's shilling held its ground against the dollar on Friday, as traders were cautious before the introduction of oil import deals that should ease persistent FX demand from fuel marketers.
NAIROBI, Aug 23 (Reuters) - Kenya's shilling KES= weakened on Wednesday, hurt by increased importer demand for dollars, especially from the energy sector, traders said. At 0700 GMT, commercial ...
NAIROBI, March 21 (Reuters) - Kenya's shilling KES= was stable on Thursday, with dollar inflows largely matching importer demand, traders said. At 0731 GMT, commercial banks quoted the shilling at ...