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

Bloomberg Customers

Kenya Shilling Falls 1st Day in 3 as Oil Importers Seek Dollars

Kenya’s shilling fell for the first time in three sessions as oil importers and energy companies increased purchases of dollars to settle month-end payments.

The currency of East Africa’s largest economy declined 0.2 percent to 86.05 a dollar by 1:06 p.m. in the capital, Nairobi. A close at that level would be the lowest since Dec. 19 and the largest one-day slide in two weeks.

“The main reason the shilling is weakening is demand from the energy and oil sectors because it’s the end of the month and many people are back to work after the Christmas holidays,” Robert Gatobu, a foreign-exchange dealer with Nairobi-based Bank of Africa Ltd., said in a phone interview.

Uganda’s currency depreciated 0.9 percent to 2,683 a dollar, poised for its weakest on a closing basis since Dec. 10. The Tanzanian shilling declined less than 0.1 percent to 1,582 a dollar.

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.