Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Shilling weakens to three-month low as traders seek dollars
The shilling Tuesday weakened to a three-month low against the US dollar, mainly on increased demand of the foreign currency by importers. FILE PHOTO | NMG
The shilling Tuesday weakened to a three-month low against the US dollar, mainly on increased demand of the foreign currency by importers in second week of government relaxing measures taken to contain the spread of Covid-19.
The Kenyan currency closed the day averaging 107.25 units against the dollar compared with 107.15 units at the close of trading Monday.