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IMF Warns Kenya SGR Yuan Repayment Risks KSh Vulnerability
The IMF warns of Kenya’s SGR yuan repayment risks in a stark advisory that could upend Nairobi’s recent debt swap strategy, highlighting vulnerabilities from shifting the $3.5 billion Standard Gauge Railway loans from U.S. dollars to Chinese yuan. The International Monetary Fund’s November 11 caution, detailed in a policy note to emerging markets, flags potential […]
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IMF Warns Kenya SGR Yuan Repayment Risks KSh Vulnerability
The IMF warns of Kenya’s SGR yuan repayment risks in a stark advisory that could upend Nairobi’s recent debt swap strategy, highlighting vulnerabilities from shifting the $3.5 billion Standard Gauge Railway loans from U.S. dollars to Chinese yuan. The International Monetary Fund’s November 11 caution, detailed in a policy note to emerging markets, flags potential […] Source
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