Latest Breaking News On - Mentoria economics - Page 4 : comparemela.com

DOLLAR hits Sh 150 mark as RUTO and GACHAGUA continue to lie to Kenyans that they have improved the economy

Monday, October 23, 2023 - The Kenyan Shilling has sunk to a new all-time low of 150 to the dollar, adding to the woes of Kenyans already battered by high inflation and a raft of new taxes. The Kenya shilling has been in a steady decline and plunged by almost 24 percent over the past year,…

Kenyan Shilling Hits Record Low Of 150 To The Dollar

Kenyan shilling hits record low of 150 to the dollar

The Kenyan shilling sank to a new all-time low of 150 to the dollar on Monday, adding to the woes of people already battered by high inflation and a raft of new taxes.According to Central Bank of Kenya data, the dollar was selling at just over 150 shillings, although some commercial banks and foreign exchange bureaux have been trading it at that level or higher in recent weeks.

Kenyan currency hits all-time low against the dollar

The depreciation of the Kenyan shilling has accelerated over the past year, losing almost 24% of its value against the dollar.

Kenyan shilling hits record low of 150 to the dollar