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Central Bank of Kenya Orders Banks to Ration Dollar Currency - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports

Central Bank of Kenya Orders Banks to Ration Dollar Currency - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports
itnewsafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itnewsafrica.com Daily Mail and Mail on Sunday newspapers.

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Dollar scarcity forces Kenyan banks to ration sales to manufacturers, importers

Due to growing dollar scarcity across Kenya, the Central Bank of Kenya (CBK) has directed commercial banks in the country to ration sale to manufacturers, importers and others in need of the hard currency. | Pulse Nigeria

Mucai kunyihaKenya association of manufacturersKenya associationBusiness dailyAcross africa

CBK orders banks to ration scarce dollars

A number of currency traders and importers say banks have imposed a daily cap on dollar purchases as firms struggle to obtain adequate forex to meet their obligations.

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Report: Kenyan Central Bank directs banks to ration dollar sales amid scarcity

Report: Kenyan Central Bank directs banks to ration dollar sales amid scarcity
thecable.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecable.ng Daily Mail and Mail on Sunday newspapers.

Morgan autoMucai kunyihaKenya association of manufacturersJp morganCentral bankBusiness dailyKenya association

Dollar scarcity forces Kenyan banks to ration sales to manufacturers, importers

Due to growing dollar scarcity across Kenya, the Central Bank of Kenya (CBK) has directed commercial banks in the country to ration sale to manufacturers, importers and others in need of the hard currency. | Business Insider Africa

Mucai kunyihaKenya association of manufacturersKenya associationBusiness dailyAcross africa