NAIROBI ECCO Mens Soft 7 Perf Tie Coffee UK , May 2 (Xinhua) -- The Kenyan shilling firmed againstthe U.S. dollar on Tuesday to close the day at 103 buoyed by lowdollar demand from importers.

The shilling had closed on Friday last week at a high of 103.1boosted by Diaspora inflows and analysts had expected the rally topersist.

Tuesday, commercial banks quoted the local unit at 103.0002 asdealers noted there was weak dollar demand from importers amidtight liquidity in the money market.

On the other hand, the Central Bank of Kenya (CBK) put theshilling against the dollar at 103.1 up from 103.2 last Friday.

There has been an increase in dollar inflows into Kenya in thelast one week especially from government securities and externalloans, pushing up foreign exchange reserves to enable CBK supportthe shilling.

Kenya's forex reserves stand at an all-time high of 8.3 billiondollars or an equivalent of 5.5 months of import cover from 8billion dollars or equivalent to 5.3 months, according to the apexbank.

"We expect the shilling to come under pressure but with thecurrent forex reserve level, we believe the CBK will be able tosupport any depreciation in the short term," Cytonn ECCO Mens Soft 7 Slip On Black UK , aNairobi-based investment firm, noted Tuesday.

However, going forward, Cytonn expects the shilling to weakendue to global strengthening of the dollar leading to an increase inthe cost of imports.

And given that Kenya is going through an electioneering period,Cytonn noted that there would be an increase in money supply due tocampaign funds. Enditem

WASHINGTON, Sept. 15 (Xinhua) -- The World Bank Group on Monday launched a new website to allow users to track the progress of the group's projects and check whether the group is meeting its key targets, including poverty reduction and boosting inclusive growth.

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"The delivery unit will help us internally to make sure we're on track, and will also allow the people we serve to follow us more closely and make sure we are delivering on our promises," said World Bank Group President Jim Yong Kim.

Unlike the annual corporate scorecard summarizing the group's performance, the unit will help the institution track the project performance in a continual way, and can serve as a better management tool ECCO Mens Soft 7 Premium Tie Moonless UK , according to the president.

The site shows the group's initial 12 targets, including issues such as climate change, business performance and energy. All these indicators are linked in some way to the group's two primary goals of ending extreme poverty by 2030 and boosting shared prosperity among the bottom 40 percent of the population in developing countries, the group noted.

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German Chancellor Angela Merkel (R) and French President Emmanuel Macron pose for photos as they arrive to open the 69th Frankfurt Book Fair in Frankfurt ECCO Ian Tie Coffee UK , Germany, on Oct. 10, 2017. German Chancellor Angela Merkel and French President Emmanuel Macron together opened the 69th Frankfurt Book Fair Tuesday evening. With around 200 French authors coming to Frankfurt, France is this year's guest of honor at the international publishing industry's biggest trade fair, where over 7,300 exhibitors from 102 countries and regions as well as around 278,000 visitors are expected. (XinhuaLuo Huanhuan)

FRANKFURT ECCO Illinois Bike Toe Tie Black UK , Oct.10 (Xinhua) -- German Chancellor Angela Merkel and French President Emmanuel Macron together opened the 69th Frankfurt Book Fair Tuesday evening.

With around 200 French authors coming to Frankfurt, France is this year's guest of honour at the international publishing industry's biggest trade fair, where over 7,300 exhibitors from 102 countries and regions as well as around 278,000 visitors are expected.

Addressing the opening ceremony, Merkel and Macron underlined the close cultural connection of both countries -- despite controversies.

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