Kenya: Shilling depreciates further in November as dollar demand continues rising

The Kenya Shilling depreciated by 0.9% against the US Dollar to close the month of November at KSh 122.4, from KSh 121.3 recorded at the end of October 2022 A Cytonn Investments report has partly attributed the depreciation to increased dollar demand from importers, especially oil and energy sectors, against a slower supply of hard … Continue reading Kenya: Shilling depreciates further in November as dollar demand continues rising