Shilling Firms on Improved Global Sentiment as Ceasefire Eases Market Pressure
The local currency recorded gains over the week, supported by improved investor sentiment following geopolitical developments in the Middle East, where a fragile two-week ceasefire was agreed. The shilling traded firmer on Friday morning at 3695/3705, strengthening from the week’s opening levels of 3740/3750. Market activity remained subdued, with interbank
