logo

What’s behind the Kenya shilling’s sharp appreciation?

The Kenya shilling has gained ground against the US dollar over the past few days. This is as forex markets react to sentiments concerning an impending disbursement, in tranches, of the $2.34 billion aid package from the International Monetary Fund (IMF) to Kenya’s coffers. Economic Analyst, Reginald Kadzutu joins CNBC Africa for more.


Tue Apr 13 2021 | 10:14:53 GMT+0000 (Coordinated Universal Time)

Share

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.