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Sh51 billion SGR repayment compounds forex migraine


A debt repayment of Sh50.9 billion ($409.9 million) for the Standard Gauge Railway (SGR) in mid-January coincided with the beginning of a major drop in Kenya’s foreign exchange reserves.
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Nairobi Area , Rift Valley , Wahoro Ndoho , Churchill Ogutu , Exim Bank , Standard Gauge Railway , Enic Group , World Bank , National Treasury , African Community , Euclid Capital , East African Community , Exim Bank Of China ,