Advertisements
Skip to content

Kenyan Shilling Holds Firm as African Currencies Struggle Against the U.S. Dollar

Kenyan Shilling Holds Firm as African Currencies Struggle Against the U.S. Dollar

The Kenyan shilling remained steady against the U.S. dollar on Tuesday, holding firm at 128.90/129.40 per dollar—the same rate as the previous day. This stability has drawn attention from financial analysts, especially as many African currencies continue to struggle against the dollar amid economic uncertainties. Across the continent, major economies are experiencing significant currency depreciation, … Read more

Naira Strengthens Further, Climbs to N1,595/$ Amid Reduced Dollar Demand

Naira Strengthens Further, Climbs to N1,595/$ Amid Reduced Dollar Demand

The Nigerian Naira has sustained its positive momentum, appreciating to N1,595 per dollar in the parallel market on Tuesday. This marks a significant improvement from N1,610 per dollar on Monday, reflecting a N45 week-on-week (WoW) gain from N1,640 per dollar recorded last Tuesday. This steady rise in value signals a period of stability for the … Read more

error: Content is protected !!