Kenya Shilling, Forex Reserves Stable as EPRA's Price Review Coincide With Rise in Global Oil Prices
The Central Bank of Kenya (CBK) released its weekly bulletin, highlighting stable values of the Kenyan currency against major international and local currenciesKenya shilling showed a slight gain against the US dollar, exchanging at KSh 130.39 per USD on April 11 compared to KSh 131.17 per USD on April 4Ahead of EPRA's upcoming announcement on April 14 regarding new fuel prices, international oil prices increased during the week ending April 12, which could affect fuel retail pricesElijah Ntongai, a journalist at TUKO.
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