foreign exchange market Stories

Boost for Kenyan importers on adequate reserves and stable Shilling
Alfred Onyango  |  Nov 14, 2024

The latest weekly bulletin by the CBK shows the reserves stood at $9,323 million (Sh1.2 trillion at the current exchange rate), an equivalent of (4.8...

Ethiopia announces liberalisation of foreign exchange market in historic policy shift
John Mbati  |  Jul 28, 2024

Ethiopia has been under pressure, including from the International Monetary Fund (IMF), to move to a market-determined exchange rate to deal with an o...

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