The government is considering reinstating the interbank foreign exchange market to iron out the US dollar shortage that has seen the shilling fall to the lowest levels in history.
The apex bank banned the trade to prevent speculative dollar pricing by banks
The government is considering reinstating the interbank foreign exchange market to iron out the US dollar shortage that has seen the shilling fall to the lowest levels in history.
Help us continue bringing you unbiased news, in-depth investigations, and diverse perspectives. Your subscription keeps our mission alive and empowers us to provide high-quality, trustworthy journalism. Join us today to make a difference!