Central Bank to offer 10 B Shillings in reverse repos
23 October 2015, 19:17
Nairobi - The Central Bank of Kenya said
on Friday it was offering 10 billion shillings ($98.09 million)
in reverse repos, saying it was acting because liquidity was
The central bank also offered reverse repos earlier this
week, contrary to the bank's recent monetary tightening stance.
Traders said the central bank may be seeking to help smaller
lenders, who have found it difficult to borrow from larger
counterparts after the seizure of a second-tier bank last week.
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