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Fuel prices and inflationary pressures continue to weigh on Kenya's economy. [Courtesy]
The country’s banking regulator is quietly burning through the country’s last line of monetary defence. As the three-month-old Iran war drains foreign reserves and pushes inflation to a 16-month high, a shaky US-Iran ceasefire is threatening to unravel, leaving households to bear the brunt of soaring food and fuel costs and President Ruto’s economy in limbo.
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