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Kenyan cbank in repo market to mop up $83 mln

August 17, 2012 Comments Off on Kenyan cbank in repo market to mop up $83 mln

August 17, 2012, 11:30 am

NAIROBI (Reuters) – Kenya’s central bank said on Friday it was in the market to mop up 7 billion shillings in excess liquidity through repurchase agreements (repos).
The central bank has stepped up its repo activity this week after government debt redemptions create…

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