2016-10-19 | 173352940

Banking Circular No 11 of 2015 - Interbank Foreign Exchange Market

The minimum amount for interbank foreign exchange trades is USD 500,000, with prices quoted for this amount. Smaller trades can be executed on a market taker basis but are not considered interbank. This clarification is communicated to all commercial banks by the Assistant Director of the Financial Markets Department.

Kenya

Central Bank of Kenya

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