There is a growing trend that has seen major foreign currencies including the US$, the pound sterling and the Euro gaining strength against the local Rwandan franc.
Apart from the Ugandan shilling which remains slightly stable against the Rwandan Franc.
But the Kenyan shilling has also been steadily gaining value against regional currencies.
Kenyan central bank on Tuesday reported that the shilling had an interesting performance of 100.35 per dollar, up from Monday’s close of 100.60.
The shilling has been firmer this year, mainly due to the reduction of political risk after last year’s presidential election, which has boosted foreign investment inflows.