2015-07-21 | 243517628

Banking Circular No 9 of 2015 - Compliance with the Prudential Guideline on Foreign Exchange Exposure Limits - CBK-PG-06

The Central Bank of Kenya's Prudential Guideline on Foreign Exchange Exposure Limits sets a 10% cap on overall foreign exchange exposure relative to an institution's core capital. This circular reiterates the need for institutions to comply with this guideline and clarifies that intraday foreign exchange limits should not surpass the 10% overall limit at any point during the day.

Kenya

Central Bank of Kenya

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