{"id":14908,"date":"2024-05-24T12:10:12","date_gmt":"2024-05-24T12:10:12","guid":{"rendered":"https:\/\/www.getufm.co.ke\/?p=14908"},"modified":"2024-05-24T12:10:16","modified_gmt":"2024-05-24T12:10:16","slug":"the-central-bank-of-kenya-intervenes-on-the-decrease-of-value-in-kenyan-shillings","status":"publish","type":"post","link":"https:\/\/www.getufm.co.ke\/?p=14908","title":{"rendered":"THE CENTRAL BANK OF KENYA INTERVENES ON THE DECREASE OF VALUE IN KENYAN SHILLINGS."},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>An increase in the Dollar and the high demand for US currency by commercial banks and importers has caused the weakening of the Kenyan shilling.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"284\" height=\"177\" src=\"https:\/\/www.getufm.co.ke\/wp-content\/uploads\/2024\/05\/Untitled-1-22.jpg\" alt=\"\" class=\"wp-image-14909\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>CBK provided support for the Kenyan shilling by selling the US Dollars in small quantity to enhance stability. However experts warned that the intervention would not last since there was pressure on foreign exchange rates.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong> <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An increase in the Dollar and the high demand for US currency by commercial banks and importers has caused the weakening of the Kenyan shilling. CBK provided support for the Kenyan shilling by selling the US Dollars in small quantity to enhance stability. However experts warned that the intervention would not last since there was [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":14909,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[12,3],"tags":[],"class_list":["post-14908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Kelvin Gituma\"\/>\n\t<meta name=\"google-site-verification\" content=\"iErbWWZbgqhFeFMPcqeU1bfB7LC_C_70GPQUr_BVDuA\" \/>\n\t<meta name=\"keywords\" content=\"business,news\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.getufm.co.ke\/?p=14908\" \/>\n\t<meta name=\"generator\" 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