RTRS:Kenyan Shilling Trades at 95.15 Against Dollar, Weakest Level Since 1994
Kenya’s shilling fell to a 17-year low against the dollar as the U.S. currency strengthened against the euro.
The currency of East Africa’s biggest economy was trading at 95.15 per dollar at 10:55 a.m. in Nairobi, the capital. That’s the lowest since March 18, 1994, according to data compiled by Bloomberg. The shilling closed at 93.85 on Sept. 9.
To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net