Address market concerns about shortage of dollars

Firms caught stockpiling dollars beyond ‘reasonable’ needs face fines of up to Sh10 million. PHOTO | SHUTTERSTOCK

Kenya’s currency market is gripped with a problem of dollar shortages that no one seems keen to address.

Importers, including oil marketers and manufacturers, have raised concerns over the effects of the dollar shortage, including the emergence of a parallel foreign-currency market.

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