NAIROBI - Kenya’s Capital Markets Authority said on Tuesday it had granted a license to Standard Investment Bank to engage in online foreign exchange trading business. The bank is the second company ...
Business Daily Africa on MSN
Banks’ forex income hit by US dollar surplus
Excess US dollar liquidity and the decision by the Central Bank of Kenya (CBK) to hold the Kenya shilling steady at around Sh129 against the American currency has curbed banks’ revenue from foreign ...
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