CBK says shilling manipulation fears ‘misplaced’

The Central Bank of Kenya building in Nairobi. FILE PHOTO | NMG

The Central Bank of Kenya (CBK) has dismissed fears of manipulation of the Kenya shilling amid the ongoing talks for a bilateral trade agreement between the United States and Nairobi.

CBK Governor Patrick Njoroge said Kenya does not and will not manipulate the shilling for competitive gain and hence such concerns are "misplaced."

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