Wealthy Kenyans and firms had piled up a record Sh922 billion in dollars by last November as they sought to preserve the value of their bank deposits amid a depreciating shilling.
This is after they accumulated an extra Sh119.24 billion…
https://www.pacci.org/wp-content/uploads/2023/01/Dol.jpg540960Elshaday Hagoshttps://www.pacci.org/wp-content/uploads/2022/08/PACCI-Lanscape-Transparent-LOGO-Updatedemail@example.comElshaday Hagos2023-01-20 10:00:292023-01-20 12:00:55Rich Kenyans sit on Sh922bn in dollars as shilling weakensBusiness Daily
Kenyan exporters have booked billions of shillings in exchange gains from a weaker shilling as the Central Bank of Kenya’s decision to let the exchange rate act as a shock absorber began to pay off.
Compared to the third quarter of…
https://www.pacci.org/wp-content/uploads/2023/01/Kenya.jpg540960Elshaday Hagoshttps://www.pacci.org/wp-content/uploads/2022/08/PACCI-Lanscape-Transparent-LOGO-Updatedfirstname.lastname@example.orgElshaday Hagos2023-01-04 10:00:112023-01-04 10:12:56Kenyan Exporters Earn Billions in Exchange Gains in Q3
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