The Central Bank of Kenya (CBK) has warned the public against using Kenya Shilling banknotes for decorative or celebratory purposes. This advisory follows a rise in cases where cash is incorporated into flower bouquets, ornamental arrangements, and similar displays. Click here to join our WhatsApp Channel CBK noted that folding, …
Read More »Kenyan Shilling Weakens Amid Growing Concerns Over U.S. Tariff Increases
The Kenyan shilling fell by 0.35 percent this week, ending at 129.71, amid mounting uncertainty regarding the effects of U.S. tariff hikes, as reported by the Central Bank of Kenya on Friday. The currency started the week at 129.26 and steadily declined throughout the five days, with ongoing tariff tensions …
Read More »CBK Releases New Series of Banknotes
The Central Bank of Kenya (CBK) has introduced a new series of banknotes for 2024, featuring enhanced security elements, starting with the Sh1,000 note. In a statement released on Wednesday, CBK detailed that the 2024 series banknotes incorporate color-shifting security threads unique to each denomination. The updated notes cover denominations …
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The Lower Eastern Times Opening The Third Eye