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NAIROBI, April 11 (Xinhua) -- The Kenyan shilling declined 0.35 percent this week to close at 129.71, as uncertainty is growing over the impact of U.S. tariff hikes, the Central Bank of Kenya ...
NAIROBI, April 11 (Reuters) - The Kenyan shilling weakened slightly on Friday as foreign exchange demand rose in response to uncertainty over U.S. President Donald Trump's tariffs, traders said.
The bank did clarify, though, that under its risk-based credit pricing approach, the ultimate lending rate will be decided by customer-specific credit profiles and will only apply to facilities ...
Subsequently, Amana advised the investor to switch her investment from the shilling fund. Amana had invested in the Nakumatt Commercial Paper Programme through the Amana Shilling Fund, a unit ...
The Uganda Shilling is also the big winner in the FY2024/2025, Mr Ggoobi said since the start of the financial year, the Uganda Shilling has maintained relative stability against the US dollar.
At 0935 GMT, commercial banks quoted the shilling at 129.20/70 per dollar, compared with Tuesday’s close of 129.25/75, the data showed.
KAMPALA, April 8 (Reuters) - The Ugandan shilling was broadly stable on Tuesday, but was under a little pressure as U.S. President Donald Trump's trade tariffs triggered a surge in dollar demand ...
He just plays one on TV and in the Oval Office to please ... and there are rumors that Bessent (who can’t summon Lutnick-like enthusiasm in shilling for this policy) wants out.
This means that for every one shilling entering the country through formal cross-border channels, more than three shillings left. The disparity in financial flows marks a significant shift in Tanzania ...
Samsung has finally kicked off the Android 15-based One UI 7 update, after almost seven months of stock Android 15 release. The Galaxy S24 series, Galaxy Z Fold 6, and Galaxy Z Flip 6 are the first ...
The Samsung Galaxy S24 series is now receiving the stable One UI 7 update. The update brings Android 15 and a revamped interface with fresh icons, redesigned quick settings, and the Now bar. U.S. and ...
In its weekly bulletin, CBK noted that the country, like many others that have been hit with trade tariffs by the US, is likely to see volatility in the financial markets, which will affect the prices ...
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