Kenya Shilling ‘Too Stable,’ IMF Claims; KRA Boss Fires Back
The remarkable stability of Kenya’s shilling against the US dollar in the past year has now become the subject of high-level talks between Nairobi and the International Monetary Fund. For most of 2025, the Kenyan shilling has traded around KSh129 per US dollar, supported by strong foreign exchange reserves, steady diaspora remittances, and prudent monetary policy…