As of the 27 th December 2020, the Kenya Shilling continued it's down-slide spiral against the world's
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Question:
As of the 27th 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.
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Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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