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Tag: Kenyan shilling plummets to historic low of 150 to dollar amid economic challenges

East Africa

Kenyan shilling plummets to historic low of 150 to dollar amid economic challenges

The Kenyan shilling has reached a historic low, plummeting to 150 shillings to the dollar, adding to the economic woes of Kenyan citizens who are already grappling with high inflation and an array of new taxes. This economic turmoil is the result of several years of currency depreciation, with the shilling losing nearly 24 percent […]

Posted on October 23, 2023 Author News Comment(0)
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