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Source: herald.co.zw
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Institutional investors such as banks and pension funds are also looking at paper losses on their balance sheets.
Fair value paper losses of the biggest bondholders have at times gone into double-digit billions.
Expected rate cuts in the US and an improved availability of forex in Kenya should make the stock market more attractive to foreign investors
A government-backed deal to import fuel on credit has failed to stop the depreciation of the Kenyan shilling against the dollar.