Kenya operates a floating exchange rate regime. This means that the value of the shilling is, in principle, determined by market demand and supply. Market demand and supply are affected by the ...

"Maybe Sh115, you never know," he stated, and by then the exchange rate was at Sh133.3. With the Kenyan Shilling falling against the dollar, the prices of fuel in the country have gone up, not ...

The Kenyan shilling remained bullish in the foreign exchange market for more than eight months. The shilling beat regional and international currencies, including the Uganda shilling, the Tanzania ...

NAIROBI, July 22 (Reuters) - Nigeria's naira could weaken amid healthy demand in the coming days while the Kenyan shilling is also seen shedding value on the back of importer demand and high liquidity ...