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View Full Version : Kenya Shilling Gains for 2nd Day on Bank Policy to Curb Losses - Bloomberg



NewsWhore
06-29-2011, 08:30 AM
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Kenya Shilling Gains for 2nd Day on Bank Policy to Curb Losses (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHtGVESe4O9SRPFrWKqYNyWk1qtvg&url=http://www.bloomberg.com/news/2011-06-29/kenya-shilling-gains-for-2nd-day-on-bank-policy-to-curb-losses.html)
Bloomberg
“This decision is expected to address the recent wild swings in the local currency, which was largely due to arbitrage and speculative trading,” Fred Moturi, a fixed-income dealer at Nairobi-based Sterling Investment Bank Ltd., said in a phone ...

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