Tuesday, October 24, 2023 – The Kenyan shilling plunged to a historic low of 150 against the U.S. dollar on Monday, October 23, piling pressure on the country’s dwindling foreign exchange reserves and making imports expensive amid rising inflation. The depreciation of the Kenyan shilling has accelerated over the past year, losing almost 24% of its…
Kenyan, Nigerian currencies tumble to new record lows against US dollar – The North Africa Post northafricapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northafricapost.com Daily Mail and Mail on Sunday newspapers.
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 channelstv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelstv.com Daily Mail and Mail on Sunday newspapers.
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.