Kenyan shilling stable versus dollar, LSEG data shows
The shilling has been range-bound for several months, following a rally earlier this year after the government issued a new Sh222 billion ($1.5 billion) Eurobond.
The Kenyan shilling was stable against the dollar on Monday, data from the London Stock Exchange Group showed.
At 0657 GMT, the shilling traded at 128.50/129.50 against the dollar, the same as Friday's closing rate.
More To Read
- IMF questions Kenya’s exchange rate policy amid new funding negotiations
- Banks remit Sh194.81 billion in taxes as KBA calls for review of PAYE to boost purchasing power
- Treasury reveals Sh30 billion paid to fund road projects across Kenya
- Kindiki’s office spends almost half of 2025/26 allocation within three months
- IMF revises Kenya’s 2025 growth forecast upward to 4.8 per cent
- Kenya’s foreign exchange reserves hit all time high on new Eurobond
The shilling has been range-bound for several months, following a rally earlier this year after the government issued a new Sh222 billion ($1.5 billion) Eurobond to buy back most of a $2 billion bond whose maturity in June had unnerved investors.
Other Topics To Read
Top Stories Today