The euro fell by 1% against the British pound and twice as much against the Japanese yen while it is down by almost that amount against the Swiss franc in what many regard as a litmus test for the stability of the region.
Even as Kenya experienced a severe test to its stability in 2007 when violence broke out following disputed presidential results, studies indicate that community radios fostered national cohesion and played a much more positive role than their commercial partners during the election season, says KCOMNET.