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.
What’s behind the Kenya shilling’s sharp appreciation?
PUBLISHED: Tue, 13 Apr 2021 10:14:53 GMT