Foreign Capital Inflows and Real Exchange Rate Appreciation in Kenya: Revisiting the Dutch Disease Hypothesis
Vincent Momanyi, Winrose Chepng’eno & Naftaly Mose · Journal of Economics, Management and Trade · 2026
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 (FD...
Open access
Research Article
10.9734/jemt/2026/v32i101476