BankingFeaturedKenya plans to switch its base currency to bitcoinInternational Finance Business DeskFebruary 15, 2021 by International Finance Business DeskFebruary 15, 2021 The central bank governor believes that bitcoin could actually help to fight the depreciating shilling... Read more
FeaturedForexKenya’s forex reserves reach Sh$9.26 billionInternational Finance Business DeskJune 9, 2020June 9, 2020 by International Finance Business DeskJune 9, 2020June 9, 2020 Kenya's local currency has strengthened against regional and international currencies... Read more
ForexKenyan shilling drops to 5-year low as import demand risesInternational Finance DeskJuly 31, 2019December 23, 2019 by International Finance DeskJuly 31, 2019December 23, 2019 Last week, the currency dropped to 104.05/20 to the dollar, marking its lowest level in nearly two years... Read more