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imageNAIROBI: Kenya's central bank said on Tuesday it was seeking to mop up 5 billion Kenyan shillings ($56.4 million) of excess liquidity, using term auction deposits (TADs) and repurchase agreements (repos).

The central bank has regularly soaked up excess liquidity from the money market since last year, lending support to the shilling by making it more expensive for banks to hold long dollar positions.

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