Standard Group Plc HQ Office, The Standard Group Center,Mombasa Road. P.O Box 30080-00100,Nairobi, Kenya. Telephone number: 0203222111, 0719012111 ...

Appreciation of Kenyan properties owned by the insurer eased the currency impact on Old Mutual’s books to 8.6 percent ...

Kenya wants to keep the shilling’s value artificially high, but it will soon realise that foreign currency reserves, used for intervention, are not limitless ...

The shilling dropped 1.76% to 3,729.35 per dollar as of 12:40 p.m. in London, heading for the biggest one-day decline since Dec. 2015 and a fifth day of losses.

Standard Group Plc HQ Office, The Standard Group Center,Mombasa Road. P.O Box 30080-00100,Nairobi, Kenya. Telephone number: 0203222111, 0719012111 ...

The shilling's strength was boosted by the increase in foreign exchange reserves, which rose from $10,164 million (KSh 1.31 trillion) on May 15 to $10,308 million (KSh 1.33 trillion) on May 22.