×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download App

CBK blames weak shilling on banks’ appetite for dollars

An unusually huge demand for dollars by banks has been blamed for the recent weakening of the shilling, which exchanged at a record low of Sh108 against the greenback by end of trading in Friday.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in