Tag: Kenyas

CBDC ‘may not be a compelling priority,’ says Kenya’s central bank

CBDC ‘may not be a compelling priority,’ says Kenya’s central bank

The Central Bank of Kenya received comments on a discussion paper on the potential issuance of a digital shilling and hasn’t reached a definitive conc [...]
3% Tax on BTC and Other Crypto Transfers Part of Kenya’s Proposed Budget: Bloomberg

3% Tax on BTC and Other Crypto Transfers Part of Kenya’s Proposed Budget: Bloomberg

"Digital asset” includes anything of value that is not tangible and cryptocurrencies, token codes, and numbers held in digital form and generated thro [...]
Kenya’s forex reserves dip to new low

Kenya’s forex reserves dip to new low

Kenya's Central Bank. /Xinhua Kenya's Central Bank. /Xinhua [...]
Kenya’s forex reserves slump to decade low-Xinhua

Kenya’s forex reserves slump to decade low-Xinhua

NAIROBI, Nov. 5 (Xinhua) -- Kenya's foreign exchange reserves declined to a decade low this week, pushed down by a rise in demand for dollars by im [...]
Kenya’s forex reserves slump to decade low

Kenya’s forex reserves slump to decade low

NAIROBI, Nov. 5 (Xinhua) -- Kenya's foreign exchange reserves de [...]
Kenya’s forex reserves fall to 5-year low

Kenya’s forex reserves fall to 5-year low

NAIROBI, Oct. 8 (Xinhua) -- Kenya's foreign exchange reserves de [...]
Kenya’s forex reserves fall to five-year low as shilling depreciates-Xinhua

Kenya’s forex reserves fall to five-year low as shilling depreciates-Xinhua

NAIROBI, Sept. 3 (Xinhua) -- Kenya's foreign exchange reserves fell by a record 28 billion shillings (233 million U.S. dollars) this week to settle [...]
Kenya’s forex reserves hit bare minimum as shilling plunges

Kenya’s forex reserves hit bare minimum as shilling plunges

Forex Kenya’s foreign exchange reserves dropped to the bare minimum this week as the shilling fell to the lowest level aga [...]
Kenya’s forex reserves decline as shilling hits new low

Kenya’s forex reserves decline as shilling hits new low

FILE PIC: Central Bank of Kenya. /Xinhua FILE PIC: Central Bank of Kenya. /Xinhua [...]
Biden to Meet With Kenya’s President Amid Crisis in Ethiopia

Biden to Meet With Kenya’s President Amid Crisis in Ethiopia

WASHINGTON — President Biden will meet with President Uhuru Kenyatta of Kenya on Thursday amid an unfolding humanitarian disaster in neighboring Et [...]
Kenya’s foreign exchange reserves down forward of Christmas

Kenya’s foreign exchange reserves down forward of Christmas

Kenya's overseas change reserves fell by 11.6 billion shillings (about 10 [...]
Kenya’s foreign exchange reserves down forward of Christmas – Xinhua

Kenya’s foreign exchange reserves down forward of Christmas – Xinhua

NAIROBI, Dec. 12 (Xinhua) -- Kenya's international change reserves fell by 11.6 billion shillings (about 105 million U.S. {dollars}) this week be [...]
Kenya’s central financial institution exploring CBDCs resulting from ‘mushrooming’ of personal cryptos

Kenya’s central financial institution exploring CBDCs resulting from ‘mushrooming’ of personal cryptos

The Central Financial institution of Kenya, or CBK, has reportedly began discussions with worldwide central banks to discover the opportunity of ge [...]
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