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Kenya’s central bank to buy $100 mln per month to boost reserves

by CBDC Insider Staff
March 3, 2020
in Africa, Business
Reading Time: 1min read
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Kenya’s central bank to buy $100 mln per month to boost reserves
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NAIROBI, March 3 (Reuters) – Kenya’s central bank said it plans to buy $100 million every month between March and June to increase foreign reserves and that it will purchase a minimum $1 million from banks at prevailing rates in each deal.

Continnue reading: https://www.nasdaq.com/articles/kenyas-central-bank-to-buy-%24100-mln-per-month-to-boost-reserves-2020-03-03

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