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Sh120 a dollar: Consumers headed for more pain

DollarShilling

The shilling on Friday touched an all-time low of Sh120 against the dollar in intraday trading. FILE PHOTO | NMG

By  BRIAN NGUGI

The shilling on Friday touched an all-time low of Sh120 against the dollar in intraday trading, raising fears it would breach the mark in coming days.

The weakened shilling signalled higher cost of imported goods and inflation.

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