Kenya shilling falls after expiry of IMF standby loan

Source: Xinhua| 2018-09-14 01:33:29|Editor: huaxia
Video PlayerClose

NAIROBI, Sept. 13 (Xinhua) -- The Kenyan shilling declined 0.3 percent on Thursday after the expiry of a 1 billion U.S. dollar standby loan the country had with the International Monetary Fund (IMF).

Kenya had secured the loan, which expired on Wednesday, to help cushion the shilling from pressure from international currencies.

The shilling responded to the expiry by declining to 101.00 against the U.S. dollar on Thursday, down from Wednesday's 100.75.

The local unit traded at a low of 101.05 at some point on Thursday before the central bank sold an unspecified amount of dollars to prop it up.

Initially, Kenya had secured a 1.5 billion dollar stand-by loan with the IMF, but it requested for a six-month extension of 1 billion dollars, which it had not used by Wednesday. Enditem

KEY WORDS:
EXPLORE XINHUANET
010020070750000000000000011100001374660421
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
在线视频免播放器a | 欧美日韩国产偷看 | 日韩精品一区二区中文在线 | 亚洲欧美日韩在线一区二区 | 在线āv视频国产免费网站 中文字幕久久久久久久免费 | 在线观看片a免费不卡看片 麻豆91青青国产在线观看 |