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Originally published by Kenyanstop
February 27, 2026
2h ago
Why the Kenyan Shilling Has Beaten the Dollar for 18 Straight Months

The 18-month streak is not a surprise, Thugge explains that this is attributed to a number of both internal and external forces...
✨ Key Highlights
The Kenyan Shilling has maintained a remarkable stability against the US dollar for 18 months, a feat attributed by CBK Governor Kamau Thugge to strong foreign exchange reserves and proactive monetary policy.
- The Kenyan Shilling has held steady between Ksh128 and Ksh130 to the dollar for the past 18 months.
- Central Bank of Kenya (CBK) Governor Kamau Thugge implemented measures including interest rate hikes and reopening forex access.
- Despite stability against the dollar, the shilling has weakened against the pound (6.7%) and euro (11%) over the past year, raising concerns about potential tight exchange rate management.
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