Forex bureaus consider mergers under new regulatory framework

Many small forex bureau operators could merge following the review of the sector’s regulatory framework by the central bank. The new framework, gazetted on February 22, is part of a move the regulator said would help enhance professionalism and improve practices in the foreign exchange sector.
A client counts money after a transaction at a downtown forex bureau. File.
A client counts money after a transaction at a downtown forex bureau. File.
Collins Mwai