The Central bank of Kenya says its on an alert to avoid volatility in the money & forex markets.The regulator through a press release said its maintaining a close vigil on Brexit developments, and will take all necessary steps, including liquidity support, to ensure orderly conditions in financial markets.
“The Central Bank of Kenya stands ready to intervene in the money and foreign exchange markets to ensure their smooth operation. Other major central banks have also announced their readiness to intervene to minimize disruption in their markets.”
