Like in my country most people predicted that the Kenya shilling would be hicked higher up amid the Us presidential election. However the contrary had happened. The Kes had really maintained it's value up to date.
Our local currency is not doing so well against dollars, and it has also affected the cost of things. But since I am earning in dollars, it's still to my advantage.
The USD crashed against the indian rupee after the election results were announced, which is not very good, because most expenses are also calculated in usd.
The value of my country's local currency (IDR) since November 2024 has decreased/weakened compared to USD, so many investors in my country prefer to hold USD rather than IDR.
The indian rupee continues to fall against the usd, and the criminal defamation, cheating and exploitation of at least some real exporters is one of the reasons.
My currency has been in a constant state for like a year now. The kenyan shillings is said to have been stable against the US dollar for some time now.
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