Huddah Monroe reacts as shilling fluctuates against dollar

Kenyan socialite and beauty entrepreneur Huddah Monroe has voiced her concerns regarding the recent fluctuation of the Kenyan shilling (Ksh) against the US Dollar (USD). In a series of Instagram stories, Huddah expressed her surprise even as the shilling rallied against the dollar in the last couple of days. “The fact that KES is now […]

Shilling weaker as Monetary Policy Committee team meets

Digital lending apps are leaving millions of Kenyans trapped in indebtedness, an expert has told the BBC. [PHOTO | COURTESY]

ZACHARY OCHUODHO The shilling yesterday dipped for the third consecutive day to hit 103.65 against the US dollar even as Monetary Policy Committee (MPC) meets today to review the prevailing macro-economic conditions and set the benchmark lending rate for the next two months. Experts attributed the drop of the shilling against the US dollar partly to […]