Tag: shilling

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BoU takes bold steps to save the shilling

The intervention on the sale side of the interbank foreign exchange market is intended to halt the unprecedented slide of the Ugandan shilling against...

Tanzania?s Shilling to stabilise

The shilling has recently plunged to historic lows crossing 2,000/- mark to raise a heated debate on whether the central bank should intervene in...

Kenya’s apex bank to intervene to stem volatility of shilling

Kenya's central bank (CBK) said on Tuesday it's going to sell foreign exchange directly to commercial banks in order to stem the volatility of...

Shilling slump could not stop DSE high returns

DSE Chief Executive Officer, Moremi Marwa The shilling, according to official figures, depreciated by about 15 per cent on year-onyear basis against US dollar...

Kenya shilling slips to three-year lower

Commercial banks quoted the shilling at 93.15/35, compared with 92.95/93.05 at Friday?s close. The shilling was last at that level in November 2011. ?Everyone is...

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