Home Business Cost of imports to increase as shilling hits new low

Cost of imports to increase as shilling hits new low

Share


Nation | by Paul Wafula


The Kenyan shilling continued weakening on Monday against major currencies, hitting its lowest point this year yesterday in the latest nightmare for the economy.

Official data from the Central Bank of Kenya (CBK) shows that the local currency exchanged at a mean of Sh110.16 for each US dollar, in what promises to…

Read more…

 


Share

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version