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Kenyan Shilling Posts Strongest Single-day Gain Against US Dollar - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessKenyan Shilling Posts Strongest Single-day Gain Against US Dollar (488 Views)

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Kenyan Shilling Posts Strongest Single-day Gain Against US Dollar by hodari(op): 8:07pm On Feb 15, 2024
So what excuse will these APC government bozos give this time.

Kenyan shilling posts strongest single-day gain in 12 years
THURSDAY FEBRUARY 15 2024


The Kenya shilling posted its strongest intra-day gain against the US dollar in the last 12 years on Wednesday, reaping from a tide of investor confidence after the government received significant inflows to pay off the $2 billion Eurobond.

The dramatic gain on Wednesday lifted the local unit to its strongest level since November last year while wiping out all the losses this year. This means that the shilling has now appreciated for 11 straight days to trade below Ksh153.75 at some commercial banks.

https://www.reuters.com/markets/currencies/kenyan-shilling-extends-gains-confidence-eurobond-will-be-repaid-2024-02-14/

Re: Kenyan Shilling Posts Strongest Single-day Gain Against US Dollar by flokii: 8:13pm On Feb 15, 2024
Kenyans are not greedy people like Nigerians who pray fervently for the naira to fall so they can get more money when they change US dollars.. awon asiwere serving devil thinking they are serving God.
Re: Kenyan Shilling Posts Strongest Single-day Gain Against US Dollar by idealogical: 8:16pm On Feb 15, 2024
Kenyans are still suffering from food shortages.


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Re: Kenyan Shilling Posts Strongest Single-day Gain Against US Dollar by hodari(op): 8:37pm On Feb 15, 2024
idealogical:
Kenyans are still suffering from food shortages.


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Shame on Nigeria cry

1 Reply

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