NAIROBI, Feb. 18 (Xinhua) -- The United States clarified on Saturday that it has not signed any agreement with Kenya toward the purchase of 418 million-U.S. dollar weapons to be used in bolstering the war against Al-Shabaab. U.S. Ambassador to Kenya Robert Godec said engagements between...
Year over year, Kenya’s total sales from exports fell by -2.4% compared to $7.4 billion during 2022. Based on the average exchange rate for 2023, the Kenyan shilling depreciated by -37.1% against the US dollar since 2019 and fell by -18.6% from 2022 to 2023. Kenya’s weaker local cu...
The Central Bank of Kenya shifted its target to tighten liquidity, including increasing interest rate and money market operations. But expected inflows due to tea export drove up the exchange rate to about 84 shillings per US dollar on 31 January 2012. Albania...
but I have been unable to do so because it is not clear to me what our policy has been or is now, and I have not found people involved willing to talk to me. Given my role intelling the story of what went wrong in 2007 when I was involved myselfit is no surprise that...
But the IMF disagrees. It said weaker exchange rates would be less effective shock absorbers due to the dominance of the dollar in world trade. “When the greenback strengthens, it becomes more expensive for countries outside the US to pay for imports, reducing demand and in turn, economic ...
Synopsis:Whippman explores the multibillion dollar happiness industry in her adopted country, and the question of why Americans always seem to be searching for contentment and never finding it. Is it that quest for happiness itself that is generating so much anxiety?
Banking activities may be carried out internationally by different branches, subsidiaries and affiliates within the Standard Chartered Group according to local regulatory requirements. Opinions may contain outright “buy”, “sell”, “hold” or other opinions. The time horizon of this opinion is depend...
They even drove us to our tent in a golf cart and gave us a quick low-down on what to do. To other newbies: the tent is white, and will lighten up as the sun rises. This may wake you up, but seeing the sunrise over the mountains as ...
Like the above "Real Life Forex Example" brokers too charge the difference in buying & selling prices of a currency pair. Eg: Let's say you want to place a Long order on EUR/USD, means buying Euro against the US Dollar. The broker's Bid price would be quoted as something like 1.2102...
Kenya expects to collect KSh 1.829 trillion total revenue in the 2020/21 fiscal year. In addition to the revenue collection, the governments aims to raise KSh 572.7 billion from the domestic debt market and KSh 427.5 billion from the international debt market to cover government expenses in the...