Currency
Euro and pound gain as traders avoid US dollar
Kenyan shilling continued to drop against the British pound
and the euro, as traders shun the US dollar, fearing that it might tank on the
ongoing global trade war sparked by President Donald Trump’s administration.
On Thursday, the local currency traded at 171.79
and 142.20 units against the pound and euro, respectively, having shed close to
a unit each compared to Wednesday’s trading.
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