Business & Finance

Kenya central bank says in repo market for $11.8mn

Published January 27, 2012 Updated January 27, 2012 10:36am

The regulator, which was widely blamed for failing to stem the shilling's collapse last year, is determined to prop up the shilling this year and has already hoovered up 25.6 billion shillings and sold hard currency to support the local currency.

Copyright Reuters, 2010