Central Bank
Blue dollar rises to 1470 pesos at close on October 28
María López Billede genereret af AI
The blue dollar closed higher on October 28, rising 15 pesos to 1470 pesos in sales, as the Central Bank's reserves fell by 288 million dollars. Other exchange rates, such as MEP and CCL, also saw slight variations. The Central Bank did not intervene in the foreign exchange market during the day.
Lawyer demands CBK suspend gold storage talks with Bank of England
A Kenyan lawyer has urged the Central Bank of Kenya to pause negotiations with the Bank of England over storing the country's gold reserves in the UK. The demands highlight concerns about sovereignty, geopolitical risks, and transparency in the deal. This comes amid CBK's plans to diversify its foreign reserves by acquiring gold.