We’re here to share our insight into the best brokers regulated by CBK and give you all the information you need to trade safely. Forex trading in Kuwait is becoming increasingly popular. Much like many other countries across the globe, investors are looking for new ways to increase their savings, and real estate, stocks and shares, and ... Forex The exchange rate released by the Central Bank of Kenya is an indicative rate, meant to help those exchanging currencies gauge the value of the shilling on any given day. The Central Bank does not set the exchange rate; it is determined by the market, or supply and demand. 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” . Currency Name. Cash Rates TT Rates Buy Sell Buy Sell The Central Bank of Kenya (CBK) has a forex warning to traders and the public against handling unlicensed and unregulated on-line forex sellers.
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