The Kenya Shilling firmed marginally against the US dollar as tea exporters sold large quantities of dollars to take advantage of the sharply weakened local unit which had dipped to an all - time low of 107 to the dollar on Tuesday. A statement released after a meeting of regional central bank governors, the Kenya Shilling closed at slightly under 106 to the dollar. But, as analysts project that the storm is far from over as regards the kenya shilling exchange rate, what does its sharp depreciation portend for Kenyan consumers? Terryanne Chebet explains why a kilogramme of maize in Kiambu cost 17 shillings in July last year, only or the price of the same quantity of the staple to skyrockect to over over 50 shillings today...
