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Forex-Explained - YouTube YouTube CBK suspend Absa Bank Kenya from foreign exchange transactions CBK Governor Dr. Patrick Njoroge faults the handling of the country’s fiscal policy Forex Pivot Point Strategy based on Price Action

Forex Trading in Kuwait with CBK Regulated Brokers. Kuwait is a country in the Middle East that has a highly stable economy and an impressive national currency that is highly valued against most currencies in the global financial markets. The Central Bank of Kenya (CBK) has a forex warning to traders and the public against handling unlicensed and unregulated on-line forex sellers. The Financial Markets department compiles indicative foreign exchange rates daily for use by the general public. These rates reflect the average buying and selling rates of the major participants in the foreign exchange market at the open of trade every day, thus providing a good indicator for any interested party on the value of the shilling on any particular day. The CBK press release warns that against “unregulated entities styling themselves as online foreign exchange (forex) brokers and traders”. Further stating that these fraudulent brokers “seek to exploit Kenyans and pose Money Laundering and Financing of Terrorism risks to the financial sector” . Central Bank of Kenya exchange rates, currency converter and exchange graphic; 101currency.com, special exchange rates page for Kenyan Shilling

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Forex-Explained - YouTube

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