17K views · 262 reactions | Shilling Faces Depreciation Pressure: The Kenyan shilling has been unusually stable over the past year, trading tightly between 129 and 130 to the US Dollar. But experts warn this calm may not last. #NTVTonight | NTV Kenya | Facebook
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The Kenyan shilling ended 2023 on a depreciating trend. The trend seems to keep on as 2024 starts. According to the IMF, part of the reason for the depreciating shilling is the interest rates in the U.S., which are forecasted to go up to as high as 5.4% this year. Watch the video to learn more about the impact that this cpoulod have on your money. https://www.money254.co.ke/post/kenya-shilling-starts-2024-on-a-downward-trend-money-weekly-news #Money254 #reelsoftheday #news #shilling #dollar #Mon
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