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Shilling hits new high against dollar ahead of Valentine's Day The Kenyan unit has this year seen a steady run against the greenback. It emerged as one of the most stable currencies in sub-Saharan Africa (SSA) in 2017 after shedding a marginal 0.66 per cent. For a net importer country such as Kenya, a strengthening currency may result in lower consumer prices ...
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Swiss, South Korean central banks set currency swap accord ZURICH, Feb 9 (Reuters) - The Swiss National Bank (SNB) and the Bank of Korea (BOK) will enter a bilateral swap agreement that lets the central banks purchase Korean won and Swiss francs up to 11.2 trillion won or 10 billion Swiss francs ($10.67 billion), the SNB said. "The BOK and the SNB have ...
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