NAIROBI, Sept 15 (Reuters) - Kenya's central bank said on Monday it was seeking to mop up 20 billion shillings ($224.77 million) of excess liquidity in term auction deposits (TADs) and repurchase ...
(MENAFN- The Conversation) Shortly after Kenya's 2022 elections, the shilling depreciated rapidly against the US dollar – the country's main currency for international transactions – fuelling a wave ...
A strong shilling against the dollar means reduced importation cost, with the effect passed down to consumers with reduced commodities prices. Inflation levels started retreating few months ago, ...
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