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The Standard e-Paper
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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The Central Bank of Kenya (CBK) has revealed that approximately $600 million (Sh77 billion) of the country's foreign exchange reserves is currently encumbered, meaning it's tied up as collateral for various financial commitments.
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