Kenya Shilling Could Hit Ksh168, Economists Warn as War Fuels Dollar Surge - March 2026

The Kenyan Shilling is facing significant pressure and could plummet due to the ongoing Middle East war, leading to a surge in the U.S. dollar and increased cost of living. The World Bank Group has pledged financial aid and support to vulnerable countries, including Kenya, facing fuel and fertilizer shortages exacerbated by the ongoing Middle East war. The conflict has disrupted supply routes, leading to significant price hikes. Kenyan flower exporters have suffered significant financial losses amounting to $4.8 million due to the ongoing conflict in the Middle East, which has disrupted critical air cargo routes.

News Coverage

Friday 8:12 AMKenyans

Kenya Shilling Could Hit Ksh168, Economists Warn as War Fuels Dollar Surge

The Kenyan Shilling is facing significant pressure and could plummet due to the ongoing Middle East war, leading to a surge in the U.S. dollar and increased cost of living.

Read Story