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Kenyan firms turn to Tanzania for US dollars
Friday, March 03, 2023
- 6 min read
By
Business Daily Africa
What you need to know:
Kenya’s foreign exchange reserves dropped to a near 10-year low, further breaching the critical level of four months’ import cover in the wake of huge foreign debt repayments.
Related
Dollar shortage in Kenya sparks two parallel exchange rates
Tanzania forex reserves at their lowest in five years
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