2015-07-24

Added 2024-09-19 · Updated 2026-08-16

Banking Circular No 10 of 2015 - Interbank Foreign Exchange Market

The Central Bank of Kenya has announced changes and clarifications related to inter-bank market operations, aiming for efficiency and transparency in the foreign exchange market. Effective immediately, minimum trade value is set at USD 500,000, trading hours are from 8:30 AM to 4:30 PM Monday through Friday, and the maximum spread between indicative two-way quotes should not exceed KES 20 cents. Additionally, banks must reflect their most current rates on Reuters' or Bloomberg's screens during trading hours.

Kenya

Central Bank of Kenya

Get CBK alerts

Show thumbnailShow full textSourceAdd to collection

Show thumbnail