Business Daily | by Elizabeth Kivuva
The Kenyan shilling has for the first time crossed the Sh116 mark against the dollar, setting the stage for costly imported goods such as cars, electronics, farm inputs and second-hand clothes as well as that of electricity amid a shortage of the US currency.
The shilling closed trading at Sh116.1 to the dollar, compared to Tuesday’s Sh115.99 and has depreciated from Sh113.13 at the start of the year…
