Kenyan Shilling's 21% Tumble Is Biggest Drop in 30 Years

(Bloomberg) -- Kenya’s shilling posted its worst performance in 30 years as interest rates in major economies rose, offshore investors reduced their holdings and foreign-exchange inflows from exports declined. Most Read from BloombergL’Oreal Heir Francoise Bettencourt Meyers Becomes First Woman With $100 Billion FortuneThe Late-Night Email to Tim Cook That Set the Apple Watch Saga in MotionBridgewater CEO’s Past Office Romance Led to Favoritism ClaimsMaine Bars Trump From State’s 2024 Presidenti

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