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Limited loan access, outflows pile pressure as shilling hits new low

The Kenyan currency is now at Sh150, exposing households to an even higher cost of living.

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by The Star

Kenya17 October 2023 - 12:38
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A cashier at a Nairobi forex bureau counts dollars and shilling notes/

The shilling's continued fall is now being tied to the locking out of Kenya from the international credit market,  loan repayments and high import bills.

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