The Kenyan shilling has fallen to a new low of 140.04 against the US dollar. Central Bank of Kenya data shows the unit is also losing to other major currencies including British Pound and Euro. Last year, the Kenyan shilling depreciated by about 7.5 per cent against the US dollar, the UAE dirham (7.5%), Saudi

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Martin Mwita is a business reporter based in Kenya. He covers equities, capital markets, trade and the East African Cooperation markets.

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