British pound official rate crosses Sh200 mark

At 202.46 units, the shilling has shed a third of its value to the UK currency in one year, considering that it was averaging 150.09 in January 10 last year. FILE PHOTO | AFP

The official shilling exchange rate against the British pound has crossed the Sh200 mark, boosting the earnings of horticulture exporters to the UK and parts of Europe that trade using the currency.

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