Why you can’t get dollars while banks hold billions

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US dollars and the electronic currency display board at Bay Forex Bureau along Kenyatta Avenue. FILE PHOTO | NMG

How much foreign currency are banks holding?

Commercial banks hold foreign currency in two forms; as customer deposits and as reserves. According to data from the Central Bank of Kenya (CBK), commercial banks held Sh945.3 billion in foreign currency deposits at the end of January.

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