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Apr 2 results
19:11
19:11

BOU Has Few Options Against Dollar, as Regional Oil Firm Closes Forex

“Towards closure of the week the unit cooled off, lifted by the Central Bank dollar selling intervention and the hawkish monetary policy stance. In the regional markets, most Central Banks took similar hawkish actions to curb the soaring inflation across all economies,” says Patrick Kaboyo, Managing Director, Alpha Capital Markets.
09:22
09:22

Appreciation of the Shilling Gives Mixed Feelings Forex 3

By mid-day Friday, the exchange rate had further fallen to 3,550.8 buying and 3,560.8 selling, reflecting a shilling appreciation of 5.3% from the same period last year.
Apr 2 results