The shortage of dollars is triggering the emergence of parallel exchange rate that has seen lenders buying and selling well above the printed official rate.
NAIROBI, Kenya May 31- The Kenya Association of Manufacturers has warned that the ongoing dollar shortage in the country poses a serious threat to the Kenya breaking news | Kenya news today |
CBK governor Patrick Njoroge scoffs at manufacturers' claims that constraints in dollar supply were forcing them to buy the greenback above its market rate.