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Wealthy Kenyans dollar stash in banks hit record $7 7bln

Investors have continued to open foreign currency-dominated accounts in the hope of making gains from the sharp fall in the shillings against major currencies

Kenya s central bank to hold rates at 9 50% on May 29 - Reuters poll

Wealthy Kenyans dollar stash in banks hit record Sh1 trillion

Wealthy Kenyans and businesses’ stockpile of dollars crossed the Sh1 trillion mark for the first time in March amidst a biting shortage that has roiled the foreign exchange market.

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