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
Markets
OnLink news in Markets.
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.
1 min read