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Foreign investments in Kenya remain relatively weak considering the size of its economy and its level of development. As of 2022, Kenya's total FDI stock stood at USD 10.4 billion, accounting for a mere 9.5% of the country’s GDP. [89] Investments come from China, Japan, Russia, the United States, and the United Kingdom, among others.
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2]; Exchange rate arrangement (Number of countries) Exchange rate anchor
African currency was originally formed from basic items, materials, animals and even people available in the locality to create a medium of exchange.This started to change from the 17th century onwards, as European colonial powers introduced their own monetary system into the countries they invaded.
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Prices in the Kenyan shilling are written in the form of x/y, where x is the amount in shillings, while y is the amount in cents. An equals sign or hyphen represents zero amount. For example, 50 cents is written as "-/ 50 " and 100 shillings as "100/ = " or "100/-".
More than two months after the Dodgers' win in Game 5 of the NLDS, Hernández revealed that the F-bomb he lobbed on live television earned him a fine and nearly much more.
WASHINGTON (Reuters) - U.S. manufacturers are optimistic that the sector will emerge from a prolonged recession next year, though capital expenditure growth was likely to fall short of 2024's pace.