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Finance & Markets

RBC BlueBay Japan stock fund manager Funaki is leaving firm

Funki had managed about ¥1 trillion (US$6.5 billion) in Japanese stocks and ¥700 billion in Asia ex-Japan equities

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Shilling holds steady as forex reserves hit Ksh1.97T

The Kenya shilling remained largely stable against major currencies in the week ending September 10, trading at Ksh129.45 against the dollar on Thursday compared with Ksh129.48 a week earlier.

  • Kenya shilling stable at Ksh129.45 per USD, unchanged from previous week
  • Foreign exchange reserves reached Ksh1.97 trillion by September 10
  • Reserves met CBK requirement of 4 months import cover

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