Search
Sign in
North Africa
Central Africa
East Africa
West Africa
Southern Africa

Kenyan Shilling Strengthens to 20-Month High Against Dollar

Allen dreyfus Logo
© Allen Dreyfus

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.

Sign Up To Our Free Newsletter

Recent Business

Underground gold mine. Photo @ Pixabay
Tanzania gold exports surge 37% to $4.7bn as global prices boost earnings
03/03/2026
1 hour ago
Esther Mubiru
Read More »
Airport. Photo by Rocker Sta @ Unsplash
African airlines outpace global rivals with double-digit growth in 2026
03/03/2026
5 hours ago
Michael Masrie
Read More »
Sunset over the Cromarty Firth - famous for the shipping forecast and the place where oil rigs go to retire. Photo by Ben Wicks @ Unsplash
Angola GDP surges 5.7% in Q4 2025 as non-oil boom offsets petroleum slump
03/03/2026
6 hours ago
Justice Nwafor
Read More »
Custom Research

Recent Politics

Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
26/02/2026
5 days ago
Wanderi Kamau
Read More »
A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
20/02/2026
1 week ago
Wanderi Kamau
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
18/02/2026
1 week ago
Dulue Mbachu
Read More »

Latest Posts

Latest news insights

Underground gold mine. Photo @ Pixabay
Read More »
Tanzania gold exports surge 37% to $4.7bn as global prices boost earnings
Airport. Photo by Rocker Sta @ Unsplash
Read More »
African airlines outpace global rivals with double-digit growth in 2026
Sunset over the Cromarty Firth - famous for the shipping forecast and the place where oil rigs go to retire. Photo by Ben Wicks @ Unsplash
Read More »
Angola GDP surges 5.7% in Q4 2025 as non-oil boom offsets petroleum slump
Africa’s richest man, Aliko Dangote (middle) to expand oil refinery. Photo @ Dangote Website
Read More »
Dangote Cement’s $1bn Africa expansion signals major infrastructure bet
Airport. Photo by Rocker Sta @ Unsplash
Read More »
African airlines outpace global rivals with double-digit growth in 2026
Sunset over the Cromarty Firth - famous for the shipping forecast and the place where oil rigs go to retire. Photo by Ben Wicks @ Unsplash
Read More »
Angola GDP surges 5.7% in Q4 2025 as non-oil boom offsets petroleum slump
Africa’s richest man, Aliko Dangote (middle) to expand oil refinery. Photo @ Dangote Website
Read More »
Dangote Cement’s $1bn Africa expansion signals major infrastructure bet
Solar farm. Photo by Michael Förtsch @ Unsplash
Read More »
Vantage Capital invests $40mn into South Africa’s SolarAfrica portfolio
Sunset over the Cromarty Firth - famous for the shipping forecast and the place where oil rigs go to retire. Photo by Ben Wicks @ Unsplash
Read More »
Angola GDP surges 5.7% in Q4 2025 as non-oil boom offsets petroleum slump
Africa’s richest man, Aliko Dangote (middle) to expand oil refinery. Photo @ Dangote Website
Read More »
Dangote Cement’s $1bn Africa expansion signals major infrastructure bet
Solar farm. Photo by Michael Förtsch @ Unsplash
Read More »
Vantage Capital invests $40mn into South Africa’s SolarAfrica portfolio
Mobile money instant payment in Africa. Photo by Olumide Bamgbelu @ Unsplash
Read More »
Nigeria targets cheaper African cross-border payments with Fintech push