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The weakening shilling, currently at 140 to the dollar, continues to pile pressure on the cost of living in the country with commodity prices expected to hit a record high because Kenya is an importing nation. Economists however worry that the shilling could weaken even further with many expecting it to hit Ksh 150 to the dollar in the coming months , they have also asked businesses to tighten their belts as the situation could continue to worsen in the next 24 months.
Kenya shilling continues weakening against the Dollar
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