International trade: strong shilling hits Kenya exports.

Position:BUSINESS BRIEFS - Brief article
 
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A strong shilling, eating into the export revenues of Kenya's manufacturers and agricultural goods producers, should be devalued to save those sections of the economy from collapse, the country's trade minister, Mukhisa Kituyi, has urged.

The shilling, at a three-year high, has dampened traditional enthusiasm for Kenya's tea and coffee products, manufactured goods and stemmed the flow of tourists. In addition, "one third of flowers and...

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