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naftaly mose

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Open access Oct 2026

Foreign Capital Inflows and Real Exchange Rate Appreciation in Kenya: Revisiting the Dutch Disease Hypothesis

Foreign capital inflows play an important role in Kenya’s macroeconomic performance, but their effects on the real exchange rate remain empirically mixed. This study examines the effects of personal remittances, official development assistance (ODA), foreign direct investment (FDI), and external debt on real exchange r...

Vincent Momanyi, W. Chepngeno, naftaly mose · 0 citations

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