Reprieve for importers as shilling strengthens

Kenya Shilling

 The Kenyan shilling has firmed up against the US dollar, easing the cost incurred by traders when shipping goods into the country.

Photo credit: File

What you need to know:

  • The shilling was hit hard by the shutdown of the tourism industry, which is among the country's leading source of foreign exchange.
  • The shilling was hit hard by the shutdown of the tourism industry, which is among the country's leading source of foreign exchange.

The Kenyan shilling has firmed up against the US dollar, easing the cost incurred by traders when shipping goods into the country.

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