2015-07-24

Banking Circular No 6 of 2015 - Authorized Foreign Exchange Inter-Dealer Broker - Micromega Africa Money Brokers

In reference to Circular No. 4 of 2015, we would like to inform you that the Central Bank of Kenya has authorized Micromega Africa Money Brokers (MAMB) as an inter-dealer broker in the domestic foreign exchange market. Therefore, commercial banks are now able to utilize MAMB's services. As the Central Bank continues monitoring forex market developments, further updates and guidelines will be issued when appropriate. John K Birech, Assistant Director of Financial Markets (15 June 2015).

Kenya

Central Bank of Kenya

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