Kenya's shilling sinks to a new record low
Edited By WION Video Desk
Published: Nov 11, 2023, 07:10 IST | Updated: Nov 11, 2023, 07:10 IST
The Kenyan shilling plummeted to a new all-time low against the dollar on friday as President William Ruto repeated intentions to prematurely redeem part of a 2 billion dollar Eurobond due in June, despite foreign exchange issues. The currency fell 1.3% last week to 154.43 shillings, the most since March 3. According to Bloomberg data, the currency has lost over 19% this year and may have its worst year since 2008.
trending videos
)
Trump's red carpet for Xi sparks questions about US diplomacy
)
Hawaii braces for Hurricane Nolo: NOAA warns of flash flooding and mudslides
)
Trump proposed US weapons sale to Xi, claims ambassador David Perdue
)
Trump predicts a deal with Cuba: "We want to help"
)
Bangkok: Several govt employees in key sectors asked to work from home
)
Sudan Civil War: UN Warns of Regional Spillover, 700 Killed in Drone Strikes
)
Venezuela's oil heartland eyes US revival
)
Yemen's war escalates: Saudi-backed leader calls for general mobilisation against the Houthis
)
Ukraine: Robots to handle evacuation & strikes, detect and eliminate threats
)
Jaishankar at UNGA: India raises concerns over seafarers' safety, slams Pak's cross-border terrorism
)
Hungarian researchers study 20 dogs & their human companions
)
Russia backs India at UNGA, but flags limits on UNSC seat expansion
)
WION Iconic Tourism Summit 2026: Union Minister Shekhawat on 'experiential travel', peace diplomacy
)
Texas turns its energy story towards solar
)
South Africa probes string of murders targeting women
)
Hypersonic missile designed to strike land & maritime targets
)
Protest at Lovely Professional University over rape allegations
)
Century-old Hong-Kong pawn shop reopens as a community space
)
US-Iran war: Trump claims Iran is losing badly, rejects road map to open Hormuz
)
US Diesel prices surge to record highs
)
Gaza's war turned environmental damage into second crisis
)
PM Modi's Mann Ki Baat: 138th episode of Prime Minister's radio programme
)
India's GST council is set to meet on October 7
)
Shiprocket decodes India’s new consumer
)
IIT Bombay suicide case: Parents seek access to campus, demand justice for son
)
Iced coffee sparks a hot workplace debate
)
Hungary PM-Elect Vows State Media Overhaul
)
Bank unions defer three-day strike after talks with bank managements
)
US-Iran war: Trump rejects Iran's Hormuz proposal, reports suggest talks expected next week
)
Anti-semitic attack plotted before 2nd anniversary of Oct 7 maasacre
)
120 Bahadur, Border, Uri: The Surgical Strike: The Changing Face of Indian War Films
)
WION Iconic Tourism Summit: How local tourism MSMEs must upskill for AI integration
)
Greece's Ancient Sites Under Climate Strain; 19 Sites at Urgent Climate Risk
)
India's UN Envoy slams Pakistan: 'They claim security by day, terrorism by night'
)
Pakistan: Khyber Pakhtunkhwa urges PTI to call off Oct 4 protests
)
Delhi: Video shows AAP MLA's aide being slapped | Road inspection in Tilak Nagar turns physical
)
Hurricane Polo: One of the strongest Pacific storms ever, threatens Mexico's coast
)
UNSC reform momentum grows: Russia, Portugal, Mauritius push for India's permanent seat bid
)
Russia-Ukraine war: Zelensky says Russia is not prepared to end the war
)
Ceuta migrant crisis: Protesters take to streets as Spain grapples with migrant challenge
)
Powerful Autumn storm threatens major coastal flooding across the US Northeast
)
How planet Beta Pictoris B creates mysterious radio signals
)
Jaishankar at UNGA: Goodwill and friendship can't coexist with terrorism
)
UNGA 2026: India's veiled warning to Pakistan at the United Nations
)
Khawaja Asif's threat-like gesture on treatment of Afghan women
)
Iran war: US officials says actual military death toll may also be higher
)
200 years of train travel. What's next?