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View Full Version : Kenyan Shilling Strengthens Against Dollar as IMF Approves Loan - Bloomberg



NewsWhore
04-18-2012, 06:40 AM
Kenyan Shilling Strengthens Against Dollar as IMF Approves Loan (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFbiJxpa7UMT7ASKWa8tw5lb6fUig&url=http://www.bloomberg.com/news/2012-04-18/kenyan-shilling-strengthens-against-dollar-as-imf-approves-loan.html)
Bloomberg
The currency of East Africa's biggest economy advanced 0.1 percent to 83.10 per dollar by 12:49 pm in Nairobi, the capital. “It will ease dependence on local borrowing by the government and if it goes toward import cover it also has a positive impact,” ...

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