Kenya issues oil supply tender with longer credit to curb FX pressure

Kitco Media
By Reuters
Published:
Updated:
Reuters
NAIROBI, March 7 (Reuters) - Kenya has issued its first oil import tender under a new system designed to cut pressure on the foreign exchange rate by switching to 180-day credit from settlement on delivery, the head of its energy regulator said on Tuesday.



(Reporting by Duncan Miriri Editing by David Goodman )

Reuters Messaging: duncan.miriri.thomsonreuters.com@reuters.net))
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