Kenya Shilling at its strongest against US dollar in 13 months - Think Business Kenya

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Tuesday, February 6, 2018

Kenya Shilling at its strongest against US dollar in 13 months


The Kenyan shilling was strong against the dollar on Monday reaching its strongest level since Nov. 2016.
Traders said that the boost was helped by inflows from offshore investors buying government debt amid low importer demand, traders said.
History, the Kenyan Shilling was at its weakest in September 2015 when it reached an all-time high of 106.15.
The currency was at a record low of 36.23 in January of 1993.

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