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Kenyans were holding onto a record Sh905 billion worth of dollar deposits in local banks as at July. FILE PHOTO | NMG
By ELIZABETH KIVUVA
The scramble for US dollars has seen a widening spread in the pricing of the foreign currency by a margin of more than Sh10.
The bid-ask spread -- the difference between the price a dealer buys and sells a currency – has increased from as low as Sh2 in March.
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