Quotes from Standard Chartered:
-When asked if the KES FX rate was helping or hurting their business prospects, a greater number of firms reported that the KES was more problematic in December than in November. Current conditions for the effect of the KES exchange rate were down 10.7% to 34.3, following a series high of 38.4 in November.
-Future expectations also declined, 16.7% to 34.5. This remains well under the 50 level, meaning that in aggregate, firms still think the KES is hurting business prospects.
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