East African governors say structural measures needed to stabilise currencies

Senior central bank officials from Burundi, Kenya, Rwanda, Tanzania and Uganda meet

Zanzibar coastline

The East African Community (EAC) must pursue regulatory and structural measures to engender long-term stability in the region's currencies, according to senior officials from its five central banks.

The central bank officials - four governors and a deputy - raised concerns over the prospect of the external environment continuing to weigh on the currencies in Burundi, Kenya, Rwanda, Tanzania and Uganda, in a statement following their meeting in Zanzibar on August 21.

Their response may need to

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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com 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

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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