Kenya Asks Central Bank to Curb Shilling’s Gain, Reuters Says

Kenya’s government has asked the nation’s central bank to prevent the shilling from further appreciating because it’s reducing revenue for exporters, Reuters reported.

The shilling shouldn’t be allowed to gain beyond 82 per dollar, Reuters reported, citing acting Finance Minister Njeru Githae.

To contact the reporter on this story: Andres R. Martinez in Johannesburg at

To contact the editor responsible for this story: Andrew J. Barden at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.