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Shilling could cross 130 mark against US dollar - experts

This is likely to trigger higher inflation and negative economic growth

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by The Star

Realtime29 August 2022 - 15:22
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A cashier at a Nairobi forex bureau counts dollars and shillings/

Further tightening of the US Federal Reserve Rate and prolonged election uncertainties could see the shilling jump beyond 130 to the dollar by end of the year, experts say.

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