Central Bank of Kenya intervenes amid coin confusion
President Uhuru Kenyatta presenting Kenya’s new coin collection
The Central Financial institution of Kenya has needed to make clear its place relating to the circulation of the nation’s new coin collection.
In the course of the “sensitisation section” instantly following the launch in December 2018, the central financial institution positioned limits on the quantity of recent cash per individual to make sure “the widest attainable resolution”.
“This was communicated to all banking establishments on December 14, 2018,” the central financial institution mentioned in an announcement on January 8.
Nonetheless, the restrict was lifted on December 20 following an
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