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The Standard Group Plc is a multi-media organization with investments in media platforms spanning newspaper print operations, television, radio broadcasting, digital and online services. The Standard Group is recognized as a leading multi-media house in Kenya with a key influence in matters of national and international interest.
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Why dollar-denominated money market funds have set Kenya abuzz

 Today, the shilling is exchanging at Sh129 against the dollar compared to Sh160 in January 2024. [Courtesy]

Is it for speculation or cushioning against inflation? This is the question around the recent fad by many investors to take up dollar-denominated money market funds (MMFs).

Kenyans are flocking around this class of MMFs, which has seen assets under management...

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