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Kenya shilling s free fall inflating foreign debt by Sh3bn daily

Forget all the rumours, RUTO has managed to stabilize the shilling against the dollar – Treasury CS NJUGUNA NDUNG U now reveals

Thursday, November 16, 2023 – The Kenyan shilling is actually stable against the US dollar. This was revealed by a report published by The Treasury. In the Quarterly Economic and Budgetary Review Report released today, the Treasury maintained that the Shilling remained stable despite the 21.9 per cent decline in its value against the dollar. Treasury also listed increased remittances from the…

Dip in shilling sees external debt budget balloon by Sh216 7b

Dip in shilling sees external debt budget balloon by Sh216 7b
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