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Tag: Kenya – Export

Tourism

Chinese to pay 85%of Kenya railway

16th April 201816th April 2018 EABW EditorComments(2)

NAIROBI, Kenya – Export-Import Bank of China  is paying 85% of the costs of the proposed standard gauge railway Kenya is building. Speaking last week before  a parliamentary committee. Treasury Secretary, Henry Rotich said, the project will cost about $5 billion. He clarified that the remaining $1.6 billion will be provided through a commercial loan […]

In the market

The shilling traded relatively flat versus the greenback in what was a dull Tuesday trading session.
Markets

Dollar Creeps Lower on Cooling Hopes of Delay to Tariffs on China

11th December 2019 EABW Editor Comment(0)

The shilling traded relatively flat versus the greenback in what was a dull Tuesday trading session. Market activity was surprisingly dreary, with both demand and supply counters sizing each other out. Foreign currency flows were evenly matched for the majority of the session and kept the USDUGX currency pair steady. Looking ahead, flows are likely […]

The Uganda shilling continued its bullish trajectory against the dollar in Thursday’s trading session, boosted by ample dollar supply..

Dollar heads for weekly decline as data and trade tensions weigh

6th December 2019 EABW Editor Comment(0)

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