NAIROBI: The Central Bank of Kenya sought on Tuesday to soak up 10 billion shillings ($114.6 million) from the money market using repurchase agreements (repos) and term auction deposits (TAD).
The bank, which has been actively mopping up liquidity since last year to support the shilling against the dollar, said it was in the market to mop up 4.7 billion shillings in repos and 5.3 billion shillings in TADs.
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