Foreign interest in bond sale boosts Kenyan shilling
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The Kenyan shilling firmed on Friday and traders expect foreign investors to strengthen it further, attracted by a government bond sale next week.
The Kenyan shilling firmed on Friday and traders expect foreign investors to strengthen it further, attracted by a government bond sale next week.
Kenya wants to host a clearing house for China's yuan currency - a bold African first that would deepen the continent's ties with Beijing, already a big investor from The Cape to Cairo.
Kenya has offered its 46 newly-discovered oil blocs for interested Nigerian investors in the oil and gas industry to develop.
The inflation rate has gone up marginally by 1.11 percent to 6.02 percent in July, according to the latest data from the Kenya National Bureau of Statistics (KNBS).