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Ksh180 Billion Tea Inflows Behind Strengthening of Shilling Against Dollar | #billion

Ksh180 Billion Tea Inflows Behind Strengthening of Shilling Against Dollar

Ksh180 Billion Tea Inflows Behind Strengthening of Shilling Against Dollar

Traders credited this upturn to a good business year in the tea industry as per Reuters.
Additionally, the shilling which had earlier been expected to hit Ksh200 by June 2023, is now forecast to strengthen.

The reliance on dollar inflows from tea exporters was identified as a