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Kenyan Shilling Strengthens to 20-Month High Against Dollar

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Herald Aloo

Herald Aloo, a journalist based in Nairobi, covers Kenya's economy, focusing on banking, and energy.
  • Kenyan shilling hits Ksh128.4 per dollar, highest in 20 months
  • Increased FX inflows and investor confidence boost currency stability

 

Nairobi, Kenya – The Kenyan shilling has maintained its strong performance against major currencies in recent weeks, with the indicative exchange rate hitting Ksh128.4 today against the dollar, a value last seen 20 months ago.

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