Economy Bloomberg 1h ago

Foreign Deals Help Kenya’s Shilling Defy EM Currency Volatility

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Why This Matters

Kenya's shilling has shown stability against the dollar, trading in a narrow band for 18 months, making it one of the world's most stable currencies.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Kenya’s shilling has traded in an unusually narrow band against the dollar for 18 months, emerging as one of the world’s most stable currencies after a bruising 2023 rout.

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Original article published by Bloomberg on February 26, 2026.
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