The Recent Performance of the Kenyan Shilling (KES) against the US Dollar (USD):

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1. Recent Movement

   - The Kenya Shilling weakened slightly against the US Dollar, closing last week at KSh 130.7299 per USD. This was up from KSh 129.3 the previous week.


   - At the start of this week, the exchange rate edged above KSh 131 per USD.


2. Year-to-Date Performance

   - Despite the recent downtick, the Shilling has performed reasonably well year-to-date.


   - The year-to-date depreciation stands at 16.6%.


3. Market Dynamics

   - Factors such as protests and high demand for the Dollar have influenced the Shilling's movement.


   - Keep an eye on further developments to understand how the exchange rate evolves.


Remember that currency fluctuations are influenced by various economic and geopolitical factors. If you're involved in international transactions or investments, staying informed about exchange rates is cr

ucial. 🌍💱📈.


.

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