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Home»News Brief»Euro and pound gain as traders avoid US dollar
News Brief

Euro and pound gain as traders avoid US dollar

By by VICTOR AMADALAApril 29, 2025No Comments1 Min Read
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Euro and pound gain as traders avoid US dollar
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Cashier counts dollars and shillings at a Forex Bureau in Nairobi /FILE

Kenyan shilling continued to drop against the British pound
and the euro, as traders shun the US dollar, fearing that it might tank on the
ongoing global trade war sparked by President Donald Trump’s administration.

On Thursday, the local currency traded at 171.79
and 142.20 units against the pound and euro, respectively, having shed close to
a unit each compared to Wednesday’s trading.

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Published Date: 2025-04-29 00:07:40
Author: by VICTOR AMADALA
Source: The Star
by VICTOR AMADALA

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