What EAC plan to ditch dollar means for Kenya

EALA MPs at a past sitting in Rwanda.

EALA MPs at a past sitting in Rwanda. PHOTO | FILE | NMG

The East African Community (EAC) has stepped up the push for member states to adopt local currencies in trading with one another, in the latest push to drop the bullish US dollar that is hurting economies in the region.

David Ole Sankok, a Kenyan member of the East African Legislative Assembly (Eala), has tabled a resolution recommending the EAC use local currencies to boost cross-border trade.

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Note: The results are not exact but very close to the actual.