Business Daily | by Elizabeth Kivuva
The shilling on Thursday breached the Sh110.05 mark against the dollar during early morning trade, extending a run of record weakening, with analysts projecting further slumps on increasing demand for the greenback towards the end of the year.
Though the local currency clawed back some ground to close at Sh109.90, its performance is expected to remain shaky in the short-term due to declining foreign exchange inflows…
