Fuel dealers push to load forex loss on customers

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Rubis Petroleum Station on Koinange Street, Nairobi County in this picture taken on April 13, 2023. PHOTO | DENNIS ONSONGO | NMG

Oil marketers are pushing for a deal to shield themselves from foreign exchange losses and pass the same to customers in a move that could see prices rise.

The marketers have been in talks with the government on how to recover past losses linked to the depreciation of the Kenya shilling against the dollar and strike a deal on how to pass such future losses to customers.

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