Shilling weakens further past 132 mark despite State interventions 

BDsillinganddollar

The weakening of the Kenya shilling is raising the value of returns on assets based on foreign currencies. PHOTO | SHUTTERSTOCK

A government wide intervention to save the Kenya shilling is yet to stop the slide after it weakened further on Thursday to exchange at Sh132.13 against the dollar. 

This comes despite the introduction of a new foreign exchange code by the banking sector regulator placing stringent penalties against those caught manipulating the forex market.

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Note: The results are not exact but very close to the actual.