Kenya's central bank says in market to mop up 5bn shillings

19 Jun, 2015

NAIROBI: Kenya's central bank said on Friday it planned to mop up 5 billion shillings ($51 million) in excess liquidity from the money market. Absorbing excess liquidity makes it more expensive to hold dollars, which in turn supports the shilling KES=.

Copyright Reuters, 2015

Read Comments