Kenya shilling unmoved as global volatility batters regional currencies

Author: Kepha MuiruriPublished on: November 2, 2026Country: Kenya
Business & Economy
Kenya shilling unmoved as global volatility batters regional currencies

The Kenyan shilling remains stable against the US dollar as currencies elsewhere on the continent come under pressure. It has traded in a narrow range of 129 to 130 shillings per dollar, extending a period of resilience that began in August 2024. The stability is cushioning households and businesses from imported inflation.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

United States kicks Rwanda and South Africa out of AGOA trade pact
World / InternationalBusiness & EconomyUnited States
tanzaniatimes.net•

United States kicks Rwanda and South Africa out of AGOA trade pact

The Trump administration plans to remove Rwanda and South Africa from the AGOA trade program effective January 1, 2027. U.S. Trade Representative Jamieson Greer said an annual review found that the two governments were engaging in practices inconsistent with eligibility criteria, including barriers to U.S. trade and investment and threats to U.S. national security and foreign policy interests. For Rwanda, Washington also cited concerns about the rule of law, political pluralism, worker rights and human rights; for South Africa, it cited corruption. Established in 2000 and extended through 2028, AGOA provides duty-free access to the U.S. market for thousands of eligible products.

Read More

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox