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In the past one month, the Kenya shilling has lost at least 100 basis point of its value to the US dollar, undoing some of the gains made over the last three month. Experts are now warning that the shilling could slide further and shed more value following the rejection of the controversial finance bill, which has made investors jittery over Kenya’s abilities to meet its fiscal obligations. Jimmy Mbogoh now takes a look at the shilling's trend over the last month which has be characterised by protest and uncertainty.
Kenya shilling losing against the US dollar after month-long protests
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