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View Full Version : Kenyan Shilling Falls Second Day as Businesses Pay Monthly Bills - Bloomberg



NewsWhore
03-21-2012, 12:20 PM
Kenyan Shilling Falls Second Day as Businesses Pay Monthly Bills (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHatS0Hta66q7ZfMYmqFI_I4VxdJw&url=http://www.bloomberg.com/news/2012-03-21/kenyan-shilling-falls-second-day-as-businesses-pay-monthly-bills.html)
Bloomberg
The currency of East Africa's biggest economy depreciated as much as 0.5 percent and closed at 82.90 per dollar in Nairobi. “The shilling is under pressure as businesses seek more dollars in preparation for settling their end-month,” Jeremiah Kendagor, ...

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