NAIROBI: Kenya's central bank sought to mop up 6 billion shillings ($69.24 million)in excess liquidity from the market on Tuesday.
The bank has frequently drained liquidity over the past few weeks after overnight borrowing rates tumbled.
The falling overnight rate made it cheaper for banks to fund long dollar positions and put pressure on the shilling.
The central bank mopped up 10.9 billion shillings ($125.8 million) on Monday.
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