Foreign Deals Help Kenya’s Shilling Defy EM Currency Volatility

Bloomberg · Feb 26, 2026 · Collected from RSS

Summary

Kenya’s shilling has traded in an unusually narrow band against the dollar for 18 months, emerging as one of the world’s most stable currencies after a bruising 2023 rout.

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Foreign Deals Help Kenya’s Shilling Defy EM Currency Volatility

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Foreign Deals Help Kenya’s Shilling Defy EM Currency Volatility

Related Articles

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Bloombergabout 1 hour ago
Barclays, Atlas Among Firms Exposed to Collapsed UK Lender MFS
Barclays Plc and Atlas SP Partners are among Wall Street firms that helped arrange more than £2 billion ($2.7 billion) of loans to a UK mortgage-finance company that has unraveled amid allegations of financial irregularities.

Bloombergabout 1 hour ago
US Says Swiss Bank MBaer Could Lose Access to Financial System
Swiss private bank MBaer Merchant Bank AG faces the risk of losing access to the US financial system.

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Treasuries rose, sending longer-maturity yields back toward their lowest levels of the year, amid a fresh slump in US technology shares.

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Private Credit’s Great Divide: Imminent Crisis or ‘No Big Deal’
Even in the world of private credit, which for months has pitted skeptics against true believers after some high-profile blowups, the difference of opinion has reached new heights in the past week.

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BP Goes Big on Shale Oil Drilling as Many Rivals Flatline Output
BP Plc is aggressively expanding shale drilling, bucking the conservative approach of many rivals, as the UK oil giant seeks to reverse years of anemic output.

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Victory Capital Tops Trian's Bid for Janus Henderson
Victory Capital Holdings has entered a bidding war for Janus Henderson Group. It's offer for $57.04 a share now tops a bid made by Nelson Peltz's Trian Fund Management. Kevin Ryan of Bloomberg Intelligence has more on Bloomberg Open Interest. (Source: Bloomberg)