Forex reserves dip as CBK releases dollars to cushion weakening shilling

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The Central Bank of Kenya spent $26million(Sh2.84billion) last week to cushion the shilling from volatility. This saw the country's foreign currency holding decline to a seven-week-low in the week ended August, the latest CBK data shows. The foreign ...

from Google Alert - Business https://ift.tt/3solhpY
The Central Bank of Kenya spent $26million(Sh2.84billion) last week to cushion the shilling from volatility. This saw the country's foreign currency holding decline to a seven-week-low in the week ended August, the latest CBK data shows. The foreign ... https://ift.tt/eA8V8J

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