Kenya’s central bank is planning direct currency trading with the country’s major economic sectors, Reuters reports. The move signals a shift in the bank’s policy of direct forex trading with commercial banks only. The policy change aims to check the Kenyan currency, which fell by 1.86 percent on Tuesday and has lost 30 percent of its value this year. The central bank also said online surveillance will go on to determine if banks have been abusing their market power.
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