Kenya: Shilling Gains Marginally Against USD Despite Terror Attack

16 January 2019

Nairobi — In a show of resilience, the Kenya shilling strengthened steadily throughout its trading session yesterday, despite the suspected terror attack at 14 Riverside Drive that left 14 people dead.

According to Analysts at Commercial Bank of Africa, the local currency market witnessed a slight uptick of activity with the home unit gaining through the trading session on the back of amplified inflows.

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