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View Full Version : Kenya's Shilling Heads for 2nd Weekly Drop to Dollar on Inflation Concern - Bloomberg



NewsWhore
06-10-2011, 06:50 AM
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Kenya&#39;s Shilling Heads for 2nd Weekly Drop to Dollar on Inflation Concern (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGMtbV32hT9-VFjlAiVYuUZD9Lnmg&url=http://www.bloomberg.com/news/2011-06-10/kenya-s-shilling-heads-for-2nd-weekly-drop-to-dollar-on-inflation-concern.html)
Bloomberg
The currency of East Africa&#39;s largest economy depreciated 0.2 percent to 87.70 per dollar by 12:31 pm in the capital, Nairobi, extending its retreat this week to 1 percent. Kenya will boost spending by 15 percent to 1.15 trillion shillings ($13.1 ...

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