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Kenyan Shilling Not Safe Yet, Bankers Say

The Kenya Bankers Association Council has warned that if the root cause of the shilling's instability is not dealt with soon, the local currency could weaken even further.

VIDEO: Parliament Debates Shilling Report

Kenya: Shilling Not Safe Yet - Bankers

The Star, 6 March 2012

The Kenya shilling could weaken again if steps to deal with the core causes of its instability last year are not dealt with, Kenyan bankers have warned. Speaking at a press… Read more »
Kenya: CBK Holds Base Rate At 18 Percent to Tame Inflation

Capital FM, 6 March 2012

The Monetary Policy Committee (MPC) has maintained the current Central Bank Rate (CBR) at 18 percent in a bid to ensure reduced inflation and sustain the exchange rate stability. Read more »
Kenya: Banks 'Short-Changed' By MPs Report On Shilling

Capital FM, 5 March 2012

Commercial banks have poked holes into a report by Members of Parliament investigating the rapid decline of the shilling last year, claiming that it was full of erroneous… Read more »
Kenya: Tumult Over 'Doctored' Report On Shilling

Capital FM, 1 March 2012

Parliament on Wednesday hastily adjourned debate on the report by the select committee on the depreciation of the shilling, amid claims that the contents were mutilated. Read more »

Video

1 March 2012

Parliament Debate: The Shilling Report

Publisher:

KENYA Citizen TV

Publication Date:

TEMPERS FLARE AS...: MPs clash over the Shilling report. Claims emerge that Shilling report was doctored. see more »

Kenya: Inflation Continues Downward Trend

Capital FM, 29 February 2012

Inflation continues to ease with the latest statistics from the Kenya National Bureau of Statistics (KNBS) showing that February rates declined by 1.62 percent to Sh16.69 percent. Read more »
Kenya: Why the Value of the Shilling Dropped - Njuguna Ndung'u

The Star, 27 February 2012

The parliamentary committee on the Depreciation of the Shilling recently resolved that CBK Governor Prof Njuguna Ndung'u should resign for his failure to manage the depreciation of… Read more »
Kenya: Don't Blame CBK for Shilling Slide

The Star, 29 February 2012

The report of Parliamentary Select Committee on the decline of the Kenya shillings against other currencies dealt with the symptoms and not the real causes of the problem. Read more »

Capital FM Business/ File photo

The banks disputed claims that they borrowed Sh600 billion from the Overnight Discount Window (a facility of last resort) last year, contributing to the near collapse of the local currency.

InFocus

Kenya: Banks Linked to Shilling Drop Shamed

The Central Bank governor has revealed the names of three banks that are alleged to have been responsible for the drastic decline of the shilling. Read more »
- Kenya: Parliament Summons Spy Chief in Shilling Probe
- Kenya: Bank Boss Put On the Spot Over Shilling Fall

InFocus

Kenyan Shilling Not Safe Yet, Bankers Say

VIDEO: Parliament Debates Shilling Report

Video

Parliament Debate: The Shilling Report

InFocus

Kenya: Banks Linked to Shilling Drop Shamed

InFocus

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