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Why weak shilling failed to lift Kenya’s exports

Services financiers,Développement des affaires ou d'entreprise 1 February 2024

By KEPHA MUIRURI, Business Daily

Kenya’s exports last year upset expectations by falling against what was a more than one fifth depreciation of the Shilling against major world currencies, including the US dollar, Euro and British Pound. A weaker

While the exports had been widely expected to grow, data from the Central Bank of Kenya, through 10 months to October 2023, shows total good exports fell by 2.1 percent to Sh978.7 billion ($6.104 billion) in the period.

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