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Originally published by Kenyanstop
May 9, 2026
1h ago
Experts Issue New Projection for Kenyan Shilling as U.S. Dollar Weakens

The U.S. dollar has fallen for a second straight week as investors ditch the safe haven currency amid uncertainty over the Iran war that has continued since February 28...
✨ Key Highlights
The Kenyan Shilling has maintained its stability against the U.S. Dollar, which has seen a decline for two consecutive weeks. Traders anticipate the shilling will remain steady in the coming days.
- The Kenyan Shilling closed the week at Ksh129.19, unchanged from April 30, according to the Central Bank of Kenya.
- Key figures involved include traders interviewed by Reuters and the Central Bank of Kenya.
- Despite expert optimism, Kenya faces fuel shortages attributed to a "technical and administrative hitch" ahead of a price review.
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