CBK takes measures to support weakening shilling

18 views · Published 10 September 2015 · 2:02 · Indexed 19 October 2026

Channel: KBC Channel 1 · 2015 · News & Politics

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The government is taking deliberate policy measures to support the shilling from weakening further. National Treasury Cabinet Secretary Henry Rotich says some of the measures taken by the government include direct sale of dollars to commercial banks. His remarks seemed to support the shilling that today stabilized closing for trading quoted at 105.45 to the dollar.
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