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Kenya has enough forex to handle any impact from Brexit vote: minister
3:35 CAT | 24 Jun 2016
Reuters / Kenya"s Cabinet Secretary of National Treasury (Finance Minister) Henry Rotich holds up a briefcase containing the Government Budget for the 2015/16 fiscal year outside his office in Nairobi, June 11, 2015.
Kenya has adequate foreign exchange reserves to take appropriate action if there is any fallout from Britain’s vote to leave the European Union but there is no reason for any such action for now, the finance minister said on Friday.
“Just to assure you the government and the country has sufficient forex resources,” Finance Minister Henry Rotich told reporters, adding the authorities were monitoring the situation. “We will take appropriate action should there be any impact.”
Source: Reuters
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