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Weak shilling exerts pressure on commodity prices

Some lenders said to be selling dollar at Sh130.

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by The Star

Big-read14 November 2022 - 15:49
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A cashier at a Nairobi forex bureau counts dollars and shillings/

Consumers in Kenya continue to grapple with a rise in commodity prices as the recent US Fed rate hike piles pressure on the shilling, with banks offering the dollar way above quoted official rates.

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