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NAIROBI: Kenya’s shilling was unchanged on Friday, with little importer demand for dollars in the market, but was expected to gain ground in the next few days, helped by inflows from horticultural produce exporters, traders said.

Kenya’s shilling steady, expected to firm due to tea exporter inflows

At 0728 GMT, commercial banks quoted the shilling at 132.00/133.00 per dollar, the same as Thursday’s closing rate.

Comments

Comments are closed.

Suzy Mar 23, 2024 12:33pm
Stop collapsing the shilling so much and the cost of living is not going Down. There are some people who need dollars, are paid In dollars. Wats wrong with you?
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Benard Onsongo Mar 23, 2024 01:41pm
@Suzy, you are wrong, blame market adjustments,it is what it is.
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Harry megan Mar 23, 2024 02:42pm
Buy gold while it's still cheap
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Willie walla Mar 23, 2024 03:58pm
@Suzy, a few of you.... Dollar should go to 88
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Fred odula Mar 23, 2024 08:03pm
@Suzy, I have lost Ksh 30,000 due to dollar depreciation. That is the difference between what I earned last month and what this month.
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Simon jymo Mar 23, 2024 10:10pm
Most of us here rely on that dollar,if it gets more unstable it's affecting us soo much and the cost goods and commodities is still hiking up.
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Chris Mar 24, 2024 03:37am
@Harry megan, what's affecting the price?
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Cyrus Mar 24, 2024 10:48am
My salary difference between last month and this month will be a clean --ksh16000. This should reflect to the drop of price of commodities. Otherwise, no much benefit to the common mwananchi.
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Kig Mar 24, 2024 01:27pm
@Simon jymo and suzy you are the people profiting from our falling kenyan shillings see you now
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Josphat Mar 24, 2024 02:08pm
@Fred odula, dollar should go to 100
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Josphat Mar 24, 2024 02:09pm
Should even be 100
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Nick Mar 24, 2024 02:41pm
Just move to Tanzania people. Life is so much better and cheaper here
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Nick Mar 24, 2024 02:41pm
Move to Tanzania
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Jojojosky Mar 24, 2024 02:54pm
So far with my about 2k USD I have lost over 72k Kenya shillings but goods are still expensive except for Unga.
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mutugi mate Mar 24, 2024 04:03pm
It will bounce at 120 at the resistance level and if it successfully break it it will meet another resistance at 100 and 80
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Henry Muchiri Mar 24, 2024 06:58pm
@mutugi mate, thankyou finally 1 who understand. With all due respect a common mwananchi is the one who is suffering when fuel goes up due to forex adjustments.
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Captain 2 Mar 24, 2024 09:35pm
I think it should be 1usd=1ksh.i won't dare think of Us.
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Ibrahim Mar 24, 2024 10:08pm
Let's meet after June. Then we shall talk
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Vladimir Mar 24, 2024 11:26pm
@Captain 2, then kenya will be the worlds biggest economy on terms of purchasing power
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Vladimir Mar 24, 2024 11:28pm
Bad news to those who hoarded the dollar. It should go down to 100
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Jenivy Mar 25, 2024 12:24am
Whats the plan for central bank to reduce interest rate and subsequently to commercial banks.....civil servants cant take loans...
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Wilberforce juma muse Mar 25, 2024 04:28am
@Captain 2,it should remain @160ksh per dollar
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ONKUI PHILIP ZABLON ONDUSO Mar 25, 2024 09:41am
@Ibrahim , in February people were saying its the chinese holiday...now they ave postponed it to june.
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Nyagah David Mar 26, 2024 05:48pm
@Fred odula, It is a double-edged knife. There are many who lost heavily Ksh was on a free fall. Hedge your bet correctly next time.
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Kefa Mar 27, 2024 05:28am
@Ibrahim , yes Mr.
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Kefa Mar 27, 2024 05:31am
@Ibrahim , yes Mr.
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