Kenya’s Shilling Dips—Could a Small Move Signal Deeper Economic Shifts?
Kenya’s shilling moved just 0.17% in late December—but forex traders are watching closely. Could microscopic shifts reveal what official data won’t tell you?
A Steady Shilling Is Squeezing Banks’ Forex Fortunes
Kenya’s shilling stability crushed a lucrative profit engine for banks while rate cuts squeezed margins further. The comfortable days of forex windfalls are gone.
Africa-FX: Kenyan Shilling Poised to Slip as African Currencies Split Next Week
Kenyan shilling slides toward 130 KES as African currencies fracture—while neighbors diverge, Kenya’s decline accelerates into year-end. The erosion continues.