Tuesday, October 24, 2023 – Renowned communications and digital strategist, Pauline Njoroge, has blasted President William Ruto after the official exchange rate of the Kenya Shilling against the United States dollar hit the 150 mark.
The Central Bank of Kenya (CBK) indicative rate published Monday morning showed the dollar’s buy price at Sh149.84 and a selling rate of Sh150.04 units, hence an average of 149.94.
Reacting to this weakening of the Kenya Shilling, Njoroge who is a fierce critic of the Kenya Kwanza Alliance administration said when former President Uhuru Kenyatta left office one year ago, the Kenya shilling was exganging at 119 against the dollar.
Njoroge mocked those bloggers who were saying that Ruto was a better economist than Uhuru.
“When Uhuru left office in September last year, the Central Bank’s indicative dollar exchange rate was 119. Yesterday, it officially hit 150, meaning the least you can buy a dollar for in the market is 153.
“Calculate the depreciation percentage of the Ksh and you will want to cry. Mlikuwa mmesema doyen anajua kwendesha economy kuliko Uhuru?,” Njoroge wrote on her X platform on Tuesday.
0 Comments