Forex Trading has become quite a sensation in Kenya. People from all walks of life are diving into the world of foreign exchange trading, hoping to make some extra money or even turn it into a ...
Kenya's demographic surge is sparking an unexpected financial revolution. With 75% of the population under 35 and 56 million mobile subscriptions enabling instant market access, young Kenyans are ...
NAIROBI, Aug 8 (Reuters) - Kenya may cut the amount of foreign currency banks are allowed to hold, the central bank said on Monday, as it seeks ways to stem a steep decline in the value of the country ...
Kenya's foreign exchange reserves have fallen by Sh22.8 billion (USD 212 million), a drop attributed to payment of interest on external debt and central bank bid to support the local currency amid ...
Kenyan shilling continues to decline in value, and as a result, a ripple effect is being felt throughout the country's entire economy. One of the sectors affected by the currency's recent devaluation ...
Nairobi — Kenya's foreign exchange reserves have risen to USD 12 billion, enough to cover more than five months of imports, the Central Bank of Kenya (CBK) has disclosed. CBK Governor Kamau Thugge, ...
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