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 disburses Sh2.6 billion to boost recovery of MSMEs
- The impact of the recent Finance Bill on different sectors
- Kenya set to raise Sh370 billion with first-ever debt-for-food swap
- Procurement deadlock eases as government resumes IFMIS payments
- Kenya secures Sh958 million refunds for KDF in Somalia amid donor uncertainty
- Kenya deviates from debt plan, risks debt trap amid soaring interest payments – CoB
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
