One of the two main methods of conversion uses market exchange rates—the rate prevailing in the foreign exchange market (using either the rate at the end of the period or an average over the period).

A residual impact of raising or decreasing interest rates is that the currency value will become stronger or weaker, and downstream impacts on global exchange rates occur. Let’s take a look at ...

The Central Bank of Kenya (CBK) said the easing of the monetary policy stance was aimed at enhancing economic activities and ...