Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Kenya Shilling Snaps Three-Day Rally on Higher Dollar Demand

Kenya’s shilling snapped a three-day rally, weakening the most in more than a month, on increased dollar demand.

The currency of East Africa’s biggest economy depreciated as much as 0.3 percent to 82.40 to the dollar at 12:39 p.m. in Nairobi.

“The shilling has weakened on increased dollar demand by businesses as they seek to continue to accumulate dollars at existing favorable levels,” Duncan Kinuthia, a dealer at Nairobi-based Commercial Bank of Africa Ltd., said in a phone interview today.

Tanzania’s shilling weakened for a third day, depreciating as much as 0.6 percent to 1,604 to the dollar, and last traded 0.2 percent lower at 1,597.75. Uganda’s shilling appreciated for the first time in three days, gaining as much as 0.5 percent to 2,454 per dollar, and trading 0.1 percent stronger at 2,465.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.