The latest weekly bulletin by the CBK shows the reserves stood at $9,323 million (Sh1.2 trillion at the current exchange rate), an equivalent of (4.8...

The shilling had weakened to a low of 161 in January this year, on the back of an increased debt burden and diminishing foreign investor confidence.

The Kenya shilling also depreciated against the South African Rand and the Tanzanian and Ugandan shillings.

The record is also an 11-month high rise, as such a record was last witnessed on July 20, 2023, signalling better prospects for the local currency, he...

According to WorldRemit research, Kenya is one of the top recipients of remittances on the continent, with the primary uses being household needs, hea...

The latest blows come from some powerful Americans questioning the rule of law following the conviction of Donald Trump.

Debt servicing expenses for the FY 2023/24 will amount to Sh1.8 trillion, or 90 per cent of the overall consolidated fund expenditures.

Data by the Central Bank of Kenya (CBK) shows the usable foreign exchange reserves stood at $6.97 billion (Sh911.8 billion), or just about 3.6 months...

Super petrol's price dropped by Sh7.21, diesel by Sh5.09, and kerosene by Sh4.49, EPRA announced in its latest monthly review.

Kenya used the $1.5 billion it raised on February 12, 2024, in the Eurobond buyback issue to make the payment, thereby eliminating the risk of debt de...

The shilling has been on a positive trend over the past two weeks, much to the relief of businesses that import goods.

The Kenyan shilling plunged to a historical low of Sh160.23 against the US dollar on Monday, raising the alarm about a prolonged period of record weak...