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Election fever sends shilling to a new low against dollar

It traded 119.70 against the greenback when the market opened

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by The Star

News08 August 2022 - 14:03
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A cashier at a Nairobi forex bureau counts dollars and shillings/

The Kenya shilling slipped to an all-time low of 119.70 against the US dollar in early trade on Monday as investors retreated to the safer currencies ahead of the country’s general elections today.

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