The Central Bank of Kenya reported a 19.2% increase in the value of diaspora remittances in November to KSh 54.7 billion CBK ...

The Central Bank of Kenya (CBK) reported an increase in the foreign currency reserves up to 4.7 months of import cover in the ...

Kenya shilling has posted a slight drop in value against major international currencies in the past few weeks. The Central Bank of Kenya (CBK) data showed that the shilling traded at KSh 129.52 ...

Compared to other currencies across East Africa, the shilling has remained stable, maintaining a trend of appreciation that ...

Almost seven billion schillings are still in circulation. The value has only fallen marginally compared to 2023. While 6.8 ...

IMF asserts that the government and the Central Bank of Kenya (CBK) are actively managing the value of Kenya’s shilling against major currencies such as the Euro, Dollar, Yen and the Pound Sterling.

The company noted that while the value of the shilling in the local market had depreciated by 50 per cent in 10 years, its value on the global market had only declined by 20 per cent. Amana said ...

NAIROBI, Dec 20 (Reuters) - Kenya's shilling gained slight ground against the dollar on Friday amid slow activity, traders said. At 0746 GMT, commercial banks quoted the shilling at 128.50/129.50 ...

The 1,000 shilling note is the highest value note in Kenya and according to Mr Njoroge, the Kenyan shilling is the equivalent to the US dollar in east Africa, in terms of its recognition.

The authorities say the value of the Kenyan shilling was not adversely affected. But it has gone from from 101.3 to the dollar in early June to 103.9 in late September. The new notes were also ...