NAIROBI, Nov 17 – East Africa’s shillings are all expected to strengthen against the dollar next week as tourism revenues start to climb with the onset of the year-end holiday season and Africans overseas send money home to relatives.
Tag: shilling kenya
Could Kenya's shilling hit 100?
NAIROBI, Sept 22 – Most frontier Africa currencies are likely to remain under pressure next week (26-30 September), with Kenya and Uganda’s shillings both likely to extend a series of record lows against the dollar as foreign investors flee high-risk assets.