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Currencies of Kenya, Uganda and Ghana expected to weaken

2023-02-27 00:00

Kenya's shilling, Uganda's shilling Ghana's cedi and Zambia's kwacha are expected to weaken against the dollar in the week to Thursday. At the same time, Tanzania's and Nigeria's currencies are forecast to hold steady.

Kenya's shilling is expected to weaken further, hurt by increased demand for dollars from the energy and manufacturing sectors. Commercial banks quoted the shilling

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