Kenyan traders are increasingly adopting the Chinese Yuan (RMB) in cross-border trade, marking a significant shift away from the U.S. dollar. The move is driven by rising foreign exchange costs, reduced trade barriers with China, and efforts to stabilize the Kenya Shilling (KES). As a result,
Shilling Weakens Against Global Currencies The Kenyan Shilling weakened against major global currencies in Q3 2025. Moreover, it lost value against the Euro, Pound, Yen, and Rand. Marginal Gain Against US Dollar The shilling posted a slight gain of 0.2 percent against the U.S. Dollar. Nevertheless, depreciation against other global currencies remained significant. Stronger



