Patrick Njoroge on reshaping banking and finance to work for the masses

Patrick Njoroge

What is Kenya’s exchange rate policy? How much can and should monetary policy guard against exchange rate volatility?

There is an acceptance that exchange rate flexibility is an important mechanism that can act as a buffer against all the external shocks that we receive. And the adjustment property of flexible exchange rates has now been accepted in Africa and other emerging markets, too. It provides a mechanism that allows markets to adjust. But volatility is another issue that is often

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: