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Kenya - Exchange Rates and Money Supply

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Kenya is a state that is a part of the African Nation. Talk about the exchange rates and their money supply. Also write about whether or not Kenya has a promising future. What is there macroeconomic policy?

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Kenya is a state that is a part of the African Nation. Talk about the exchange rates and their money supply. Also write about whether or not Kenya has a promising future. What is there macroeconomic policy?

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Kenya's recent poor economic performance led to the unemployment and poverty situations in the country, with growth in wage employment decelerating between 1998 and 2001, the first downturn since independence. However the percentage of Kenyans living below the poverty line has also increased since 1997. The monetary policy in Kenya continues to emphasize the maintenance of stability of prices of domestic goods and services and Kenya achieved considerable success in this direction. The country's exchange rate policy has undergone various regime shifts over the years, largely driven by economic events, ...

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