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CBUAE And CBK Collaborates To Boost UAE-Kenya's Financial Markets
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CBUAE And CBK Collaborates To Boost UAE-Kenya's Financial Markets
CBUAE and CBK sign MoUs to promote domestic currency usage and interlink payment and messaging systems. His Excellency Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), and His Excellency Dr. Kamau Thugge, Governor of the Central Bank of Kenya (CBK), have signed Memoranda of Understanding (MoUs) to establish a framework supporting the use of local currencies in settling cross-border transactions and interlinking their payme…
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