© Reuters. The Central Bank of Kenya (CBK) has imposed a limit on the amount of U.S. dollars that money remittance firms can sell to customers each day, in an attempt to regulate the market amid declining forex reserves. The directive, which was implemented on Thursday, restricts these firms to transactions of a maximum of
In the ever-evolving realm of the forex market, the night’s orchestra is punctuated by more than just the rhythmic fluctuations of currency pairs. Amidst this financial ballet, a powerful maestro emerges: the forex VPS. Like a lighthouse illuminating a vast ocean of trades, a forex VPS ensures that transactions are conducted seamlessly, even when the
Prior +11.3% New yuan loans ¥345.9 billion vs ¥800.0 billion expected Prior ¥3.05 trillion The slowdown in broad money growth in China continues with new yuan loans also dipping after the huge surge at the end of Q2. Beijing has a tough task in trying to balance out tighter credit conditions, providing more stimulus while