CBK Governor Explains Why Kenyan Shilling Has Stayed at KSh129 Against the Dollar for Over 2 Years

Central Bank of Kenya (CBK) Governor Kamau Thugge has explained why the US dollar has remained relatively stable against the Kenyan shilling for the past two and a half years.Speaking in an interview reflecting on his tenure at the Apex Bank, Thugge attributed the trend to foreign exchange market reforms, increased investor confidence, and the rebuilding of the country’s foreign reserves.