Investment analysts at select international financial institutions expect the Kenya shilling to weaken modestly against the US dollar by year-end, citing a narrowing interest rate premium, fiscal risks, and social unrest.
An outlook report based on feedback from seven global banks, consultancies and think-tanks suggests the Kenyan currency will likely slide to 132 units against the US dollar by the end of December 2025, down from the current official rate of about 129.24 units.
