CBK held 8.75%; USD/KES moved just KES 0.09
USD/KES fell by KES 0.09 from 11 to 13 August after the CBK rate hold, cutting the mid-market value of a USD 10,000 invoice by about KES 861.
1 min read
OnLink News
Timely updates on OnLink, Kenyan payments, exchange rates, and the regulatory landscape — newest first.
USD/KES moved less than KES 1 before the CBK meeting
OnLink's 90-day USD/KES series spans KES 0.79, a KES 7,866 difference on a USD 10,000 supplier bill, before the 11 August policy decision.
2 min read
Cloud9 buys Chpter 92 days after its first acquisition
Cloud9's second deal in 92 days brings Chpter's 4,500-business commerce base into banking, but its announcement publishes no FX rate, fee or delivery time.
2 min read
M-PESA lowers charges around small merchant payments
Safaricom has introduced a time-limited Pochi la Biashara customer tariff and will widen free Buy Goods collections and cut Business Till transfer fees from 7 August.
3 min read
Onafriq and Privy are building stablecoin infrastructure for African business payments
The partnership targets institutional settlement and treasury workflows, not a new consumer payment product — and any rollout will depend on regulation.
3 min read
OnLink launches live exchange-rate pages for eight currencies
OnLink now publishes a live, continuously-updated exchange rate for every currency it supports, with a transparent comparison against banks and money-transfer providers.
1 min read