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Dubai News Club > Finance > UAE and Kenya agree to settle transactions in local currencies
Finance

UAE and Kenya agree to settle transactions in local currencies

Press Room
Last updated: 2025/06/04
Press Room
Published: June 4, 2025
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The Governor of the Emirates Central Bank, Khaled Mohammed Balama, and the Governor of the Central Bank of Kenya, Dr. Kamao Thaj, signed the memoirs of understanding aimed at establishing a framework that supports the use of local currencies in bilateral transactions, and linking …

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