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The Euro Bank Scandal is a scandal that in February 2003, caused a political storm in Kenya after the collapse of Nairobi Based Euro Bank. [1] This resulted in a loss of 1.4bn Kenyan shillings (£11.6m; $18m) which state organisations had deposited in the Bank.
On 14 September 1966, the Kenyan shilling replaced the East African shilling at par, although the latter was not demonetised until 1969. The Central Bank of Kenya issued notes in denominations of 5/=, 10/=, 20/=, 50/= and 100/=. All of the notes feature a portrait of Kenya's first prime minister and president, Jomo Kenyatta, on the front and ...
A 1933 UK shilling 1956 Elizabeth II UK shilling showing English and Scottish reverses. The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 1960s ...
Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador El Salvador Marshall Islands Micronesia Palau Panama Timor-Leste Andorra Monaco San Marino Vatican City Kosovo Montenegro Kiribati Nauru Tuvalu; Currency board (11) Djibouti Hong Kong ; ECCU Antigua and Barbuda Dominica Grenada
(Reuters) - The dollar hit multi-year highs against the euro and yen and emerging markets were under mounting pressure on Tuesday, as the prospect of the first rise in U.S. interest rates in ...
During colonial times (roughly from 1680 to 1990) the respective colonial powers introduced their own currencies to their colonies or produced local versions of their currencies. These included the Somali shilling; the Italian East African lira; and the African franc (in Francophone countries). Many post-colonial governments have retained the ...
shilling Tanzanian shilling: KSh: shilling Kenyan shilling: Sh.So. shilling Somali shilling [24] USh: shilling Ugandan shilling: S/ sol Peruvian sol ⃀ сом som: som Kyrgyzstani som: Kyrgyz National Bank approved the underlined С (Cyrillic Es) as currency symbol (2017) [25] U+20C0 ⃀ SOM SIGN: SM: somoni Tajikistani somoni: сўм sum: sum ...
Orengo revealed the sale of the Grand Regency hotel at 2.7 billion Kenyan shillings (approximately €30 million EUR). He announced the transfer of ownership from the Central Bank of Kenya to the new Libyan owners had taken place under the direction of Amos Kimunya, finance minister. This set off the Grand Regency Scandal.