Kenya shilling’s free fall inflating foreign debt by $20m daily
Thursday November 16 2023
GRAPHIC | CHRISPUS BARGORETT | NMG
Kenya’s stock of external debts and the cost of repayment is increasing by Ksh3.16 billion ($20.8 million) every day as the shilling sheds its value against the dollar, giving a fresh perspective to the country’s exposure to foreign exchange volatility.
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