CBK: We don’t have a preferred exchange rate
113 views · Published 11 November 2015 · 2:00 · Indexed 1 November 2026
Channel: KBC Channel 1 · 2015 · News & Politics
The Central Bank of Kenya does not have a preferred rate at which the Kenyan shilling should trade against other currencies. Deputy Governor Sheila M'Mbijjewe says the central bank is doing all in its powers to ensure the local currency is stable and stem any volatility of the shilling that has depreciated by between 12 percent and 14 percent. Connect with KBC Online; Visit our Website - http://www.kbc.co.ke/ Follow KBC on Twitter - https://twitter.com/KBCChannel1 Find KBC on Facebook - https://www.facebook.com/kbcchannel1news/ Follow KBC on Instagram - https://www.instagram.com/kbcnews_/ #KBCNewsHour
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