NAIROBI: Kenya's central bank sought on Friday to mop up 15 billion shillings ($175.8 million) from the market through repurchase agreements (repos) and term auction deposits.
The bank said it was in the market seeking to soak up 8 billion shillings in repos and 7 billion shillings using term auction deposits.
The bank has actively absorbed liquidity since last year to support the shilling against the dollar by making it more expensive to fund long dollar positions.
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