×
App Icon
The Standard e-Paper
Join Thousands Daily
★★★★ - on Play Store
Download App

Beware of the bliss from capital flows

Generous monetary stimuli from central banks around the world following the global financial crisis have made financial markets flush with liquidity.

Frontier economies such as ours are experiencing large inflows of capital that has in most cases led to inflated asset prices and driven up exchange rates in some countries.

Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in