×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now

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
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • 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