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Shilling drops on Rigathi remarks, regains after CBK assurance

CBK has assured the public that the country has enough forex reserves to comfortably cover 4.18 months of import needs.

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by The Star

Big-read03 October 2022 - 13:35
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Deputy President Rigathi Gachagua giving his maiden address at the Kasarani Stadium on September 13, 2022.

Deputy President Rigathi Gachagua's claim that Kenya has inadequate forex reserves caused panic in the market, pushing the shilling to a new low. 

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