Tag: exchange rate forecast
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Will the Kenyan Shilling Recover? A Look at the KES USD Forecast
The Kenyan shilling has had an interesting few years. Not long ago, almost every conversation about the currency centered on weakness. Importers worried about rising costs. Travelers complained that foreign currency had become expensive. Businesses with dollar-denominated loans were under pressure. Then things shifted. The shilling strengthened more than many people expected, and suddenly the…
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