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Kenya shilling’s free fall inflating foreign debt by Sh3bn daily

GRAPHIC | CHRISPUS BARGORETT | NMG

By  Patrick Alushula

Business Reporter

Nation Media Group

Kenya’s stock of external debts and the cost of repayment is increasing by Sh3.16 billion every day as the shilling sheds its value against the dollar, giving a fresh perspective to the country’s exposure to foreign exchange volatility.

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