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
- Treasury under fire for snubbing MPs over Sh30 billion rural electrification debt
- Counties face stricter budget rules under new Bill
- IMF revises global growth outlook to 3 per cent for 2025
- At least 22 dead in Angola amid protests over fuel price hike
- Kenya approves duty-free import of 500,000 tonnes of rice
- KNEC diverts rent savings to revive Mitihani House project whose construction started in 1986
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
