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Kenya Shilling Depreciates by 3.6% Against USD in 2021, Driven by Rise in Crude Oil Prices

Published on: Monday 03 January 2022

The Kenya shilling depreciated by 3.6% against the US Dollar in 2021 to close at KSh 113.1, compared to KSh 109.2 at the end of 2020, a report by Cytonn shows.

News source: https://www.tuko.co.ke/business-economy/money/438957-kenya-shilling-depreciates-by-36-against-usd-2021-driven-by-rise-crude-oil-prices/

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Kenya Shilling Depreciates by 3.6% Against USD in 2021, Driven by Rise in Crude Oil Prices