The shilling (Swahili: shilingi; sign: KSh; code: KES) is the currency of Kenya. It is divided into 100 cents.
The Kenyan external debt is growing bigger, not because she is borrowing but because her shilling is gettin weaker against the US Dollar.
NAIROBI, Nov 15- Traders expect Kenya's shilling to weaken against the dollar in the week ahead, while Zambia's kwacha is forecast to strengthen. The.
High Government spending may heap pressure on the shilling.
The Kenyan shilling was stable against the dollar on Wednesday supported by inflows from Diaspora remittances amid thin demand
Repaying a dollar debt in the current market turmoil will need assurance that those entrusted with managing State coffers do not ‘sink this ship.’
Cost of propping up Kenya's shilling seen in dwindling reserves
The Kenyan shilling was broadly stable against the dollar on Tuesday with hard currency inflows from offshore investors buying government debt meeting demand from merchant importers, traders said.
Kenya's shilling is forecast to hold steady against the dollar in the next week to Thursday, while Uganda's shilling will gain ground and Zambia's kwacha will hold steady, traders said.
NAIROBI, Nov 1- Kenya's shilling is forecast to hold steady against the dollar in the next week to Thursday, while Uganda's shilling will gain ground.
NAIROBI: The Kenyan shilling was stable on Wednesday due to thin importer demand and some banks cutting long dollar positions to boost their shilling reserves,
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