As of the 27^th December 2020, the Kenya Shilling continued it's down-slide spiral against the world's major currencies. On a Year To Date (YTD) basis, the shilling depreciated by 7.4% against the dollar, in comparison to the 0.5% appreciation in 2019.

Discuss the trajectory.

Answer rating: 100% (QA)

Based on the information provided the Kenyan Shillings trajectory against the dollar is on a clear d... View the full answer