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Shilling breaches 140 to dollar as new CBK boss Kamau Thugge takes charge
The new Central Bank of Kenya governor Kamau Thugge (right) and the outgoing governor Patrick Njoroge during the handover ceremony on June 19, 2023. PHOTO | POOL
The Kenyan shilling has breached the 140-unit mark trading against the US dollar, defying State interventions to stop its downward spiral, in the first major test for the new Central Bank of Kenya (CBK) boss Kamau Thugge.
Dr Thugge took charge as the 10th CBK governor Monday.
