As Kenya moves to 2025, the recovery of the shilling remains a key indicator of the country's economic health.

The year 2024 experienced a series of interest rate hikes on loans, a crucial go-to remedy by households in times of constrained disposable incomes su...

The total exceeds the previous $93 billion International Development Association replenishment announced in December 2021.

The depreciatiion stems from a steep decline in the prices of Rwanda’s key exports, such as minerals, coffee, and tea, which has severely reduced fore...

Ethiopia has been under pressure, including from the International Monetary Fund (IMF), to move to a market-determined exchange rate to deal with an o...

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.

Ideally, the government opts for borrowing, both externally and internally, to cater to the fiscal gap in every financial year.

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

The decision is a win for the utility company which has recently faced challenges due to increased forex losses.

In Eastleigh's exchange bureaus, the shilling stood at between sh125-130 on Thursday afternoon.

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 this week slipped to more than 150 to the dollar, a decline of almost 24 per cent over a year, and compared to around 100 in Octob...

The shilling has been in decline for several years and plunged by almost 24 percent over the past year, under pressure from high debt levels and deple...