Forex Trading has become quite a sensation in Kenya. People from all walks of life are diving into the world of foreign exchange trading, hoping to make some extra money or even turn it into a ...
Forex trading, once viewed as niche or speculative, now fits squarely into this culture of resilience and self-driven ...
Kenya's demographic surge is sparking an unexpected financial revolution. With 75% of the population under 35 and 56 million mobile subscriptions enabling instant market access, young Kenyans are ...
Kenyan shilling continues to decline in value, and as a result, a ripple effect is being felt throughout the country's entire economy. One of the sectors affected by the currency's recent devaluation ...
NAIROBI,Kenya Jan 13-Kenyan traders often juggle two realities at the same time. Daily expenses and savings goals are usually in Kenyan shillings, while Kenya breaking news | Kenya news today | ...
Kenya’s central bank is planning direct currency trading with the country’s major economic sectors, Reuters reports. The move signals a shift in the bank’s policy of direct forex trading with ...
The Central Bank of Kenya (CBK) is expected to take a stand against ten commercial banks that benefitted from higher than usual foreign exchange spreads. The banks are said to have earned billions of ...
Panic sale by Ugandan banks and currency traders has resulted in a dramatic devaluation of Kenya shilling relative to the US dollar, as well as a shortage of the Kenyan unit. Panic sale by Ugandan ...
Kenya’s foreign-exchange reserves dropped to the lowest in seven years, breaching the critical level of four months’ import cover. Reserves currently stand at $7.04 billion, equivalent to 3.94 months ...
Aynsley Genga is a JURIST Staff Correspondent in Kenya. The Kenyan shilling fell to an all time low of 129.24 shillings per dollar on Monday, signaling an increase in the cost of living amid market ...