Search results
Results from the WOW.Com Content Network
In October 2023, while responding to questions from a parliamentary committee on finance and national planning, Dr. Thugge said the decline in international reserves was caused by an overvaluation of the shilling against the dollar [5] This was against the backdrop of a gradual reduction in import cover from 5.5 months to 3.7 months.
In October 2023, while responding to questions from a parliamentary committee on finance and national planning, CBK Governor Dr. Thugge said the decline in international reserves was caused by an overvaluation of the shilling against the dollar. [17] This was against the backdrop of a gradual reduction in import cover from 5.5 months to 3.7 months.
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 ...
The exchange rate of the Kenyan Shilling between 2003 and 2010 averaged about KSh74-78 per US Dollar. [66] The average inflation between 2005 and July 2015 was 8.5%. [67] In July 2015 Kenya's inflation rate was estimated to be 6.62%. [68]
1 October – An impeachment motion is introduced in Parliament against deputy president Rigathi Gachagua. [42] The measure passes in the National Assembly on 8 October and is sent to the Senate. [43] 9 October – Kenya is elected to a seat at the United Nations Human Rights Council for a three-year term beginning in 2025. [44]
In addition to the forecasts made available to subscribers, Consensus Economics offers more up to date and detailed forecast data to institutional investors, [3] to corporate planning executives and to governments and international institutions. The history of the forecasts is also licensed for research purposes.
Top economist Gary Shilling predicts a ‘considerable revival’ in housing activity—but it’s going to take 3 or 4 years to unfreeze the housing market. ... In late October 2023, existing ...
Kenya–United States relations have been improved through cooperation against terrorism and a visit by President Obama to Kenya, which is the homeland of his father. Kenya's athletic mastery of some auspicious American events such as the Boston Marathon and New York Marathon have increased ordinary Americans' consciousness of Kenya paving the ...