国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Kenyan interbank rate dips 4 pct as banks pile up cash reserves

Source: Xinhua| 2018-12-22 18:59:16|Editor: Li Xia
Video PlayerClose

NAIROBI, Dec. 22 (Xinhua) -- Kenya's interbank rate declined by 4 percent on a weekly basis to stand at 7 percent this week, data from the Central Bank of Kenya showed Saturday.

The rate stood at a three-year-high of 11 percent in the previous week.

The apex bank attributes the 4 percent decline to high liquidity in the money market as commercial banks piled up their cash reserves.

"Liquidity in the money market improved during the week partly due to the commencement of a new cash reserve requirement (CRR) cycle on Dec. 15. Commercial banks' excess reserves stood at 33.2 billion shillings (325 million U.S. dollars) in relation to the 5.25 percent CRR," said the bank.

The average interbank volumes traded this week decreased to 135 million dollars compared to 150 million dollars last week.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001376918741
主站蜘蛛池模板: 合川市| 枣庄市| 改则县| 隆回县| 双桥区| 昌都县| 赫章县| 新建县| 托里县| 南溪县| 香港 | 盖州市| 金川县| 馆陶县| 青海省| 青岛市| 西峡县| 甘泉县| 佳木斯市| 上饶县| 望谟县| 龙岩市| 沈丘县| 石狮市| 高邑县| 银川市| 贡觉县| 遂川县| 万全县| 正阳县| 周至县| 伊金霍洛旗| 长春市| 当雄县| 沐川县| 阿巴嘎旗| 宾川县| 泰宁县| 龙门县| 凉山| 崇义县|