Central Bank of Kenya Act

27. Dealings in gold and foreign exchange

Edition: 2026-07-24 · In force

27. Dealings in gold and foreign exchange

(1)The Bank may buy, sell, import, export, transfer, hold, or otherwise deal in gold, any other precious metals or foreign exchange under such terms and conditions as it shall determine.

(2)The Bank may hold balances, denominated in foreign currencies, with foreign central banks or with the Bank’s agents or correspondents abroad and, in its discretion, may invest such balances in marketable foreign securities denominated in convertible currencies.

[Act No. 10 of 2006, s. 51, Act No. 23 of 2026, s. 6]

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Source: Kenya Law