Home Business Shilling at 10-month low of 111.21 to the dollar

Shilling at 10-month low of 111.21 to the dollar

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Business Daily | by Elizabeth Kivuva


The shilling on Tuesday hit a 10-month low against the dollar, signalling higher cost of imported goods and inflation.

Commercial banks quoted the local currency at an average of 111.12 units against the greenback Tuesday, weakening further from 109.21 units at the start of the year…

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