Investment
Why Kenya’s foreign-currency deposits have climbed to Sh1.52 trillion
Kenya’s foreign-currency deposits have climbed to Sh1.52 trillion as businesses and wealthy households build financial buffers against economic uncertainty, protect purchasing power and prepare for foreign-currency payments. The deposits, held in currencies including the US dollar, euro and British pound, increased by…
TechTrendsKEBy By George Kamau
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Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by TechTrendsKE.
Read at TechTrendsKE →Original headline: “Why Kenya’s foreign-currency deposits have climbed to Sh1.52 trillion”
- News
- Absa Bank Kenya
- Britam
- Capital Markets Authority (CMA)
- Central bank of Kenya (CBK)
- Equity Bank