The Kenyan Shilling strengthened against major global and regional currencies in the first quarter of 2025, compared to a similar period in 2024, according to the Kenya National Bureau of Statistics ...
Shortly after Kenya’s 2022 elections, the shilling depreciated rapidly against the US dollar – the country’s main currency for international transactions – fuelling a wave of political discontent.
NAIROBI, Oct 14 (Reuters) - The Kenyan shilling was stable against the dollar on Monday, data from the London Stock Exchange Group showed. At 0657 GMT, the shilling traded at 128.50/129.50 against the ...
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Stable shilling cuts banks’ losses from regional units
The shilling’s stable run against the dollar and regional currencies in Eastern Africa helped Kenyan banks slash their translated foreign currency losses from regional subsidiaries to Sh528 million ...
KAMPALA, May 2 (Reuters) - The Ugandan shilling was stable on Friday, with hard-currency inflows from non-governmental organisations and commodity exports providing support, traders said. At 0816 GMT ...
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