World’s Best Currency Helps Slow Kenya’s Inflation to 2-Year Low

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World’s Best Currency Helps Slow Kenya’s Inflation to 2-Year Low


Bloomberg News’ Ondiro Oganga reports on Kenya’s Shilling appreciating 19% this year and inflation marking a 2-year low. She speaks with Vonnie Quinn on Bloomberg Daybreak: Middle East & Africa.

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44 Comments

  1. the KES has definitely gained against the USD in the las 2 to 3 months, thereby easing inflation but we all know what the Kenyan government (CBK) has done and it's not sustainable in the long run. I recon the KES/USD rate will go back to the 160/165 by June this year.

  2. Clearly propaganda. She ahss not mentioned this exchange rate at the time the current government took office and that the exchange rate had been stable for several years before that.
    I short if you looked at the 5 year trend what do you see. Before commenting, have a look at this time series chart.

  3. Which Kenya are you talking about,the east African one,cause l live in Kenya east Africa,and wat l hear you say ,not this Kenya l live in,l think you got the country wrong

  4. Majirani haya ni matumizi mabaya ya lugha za Kigeni 😂😂😂 kweli majirani mmeweza kupambana na mfumuko wa bei? Nasikiliza huku nacheka kwa sauti , hizi taarifa waambieni Wazungu tu mana sisi majirani tunajuana vizuri Tena saaana , labda Nairobi pekee mana wakazi wenu waliopaka na sisi karb wote huvuka kununua biadhaa upande mwingine wanasema vitu havishikiki huko

  5. Kenyans don’t celebrate because this appreciation is due to Wall Street, they are fooling you, every time an African currency has appreciated it is followed by massive declines, happened to Ghana, happened to Zambia in the last 3 years. Our currencies in Africa should doing better than the US because we are not printing free money like them, and we are not in debt like them and we have more in our ground than them

  6. Something very secretive is happening in kenya. Time will tell.

    I think its the scale of privatisation thats about to happen. Power generation has been liberalised and I think everything is up for sale.

    Blackrock and others are here swarming over the carcass that is the kenyan economy and our dreams.

  7. Why ask a Rwandan about Kenyan affairs. What do they know? Kenya's a heavy importer of petroleum and machinery. We export food items not import them. Next time ask a mother about her child not the neighbor.

  8. As a kenyan, this is a lie, it's still higher than it was, it hasn't appreciated enough, two years ago it was trading at 115 and now it's on Bloomberg for trading at 135 😂, IMF and world bank control kenyan economy, Bloomberg is a western propaganda tool, it's all lies, prices of commodities are still higher than they were two years ago, the prices go up by 70% then falls by 19% and y'all praise that? The dollar needs to be dropped as world reserve currency, it's wraponized against non western countries, and I don't understand why the west can't just leave Africa alone. What's Bloomberg's interest on kenyan economy?