*  *  *  Board of Directors of National Bank of Kenya Limited here present, Mr. Mohamed A. Hassan, Chairman, National Bank of Kenya Mr. Munir Ahmed, Managing Director, National Bank of Kenya, Distinguished guests, Ladies and gentlemen: I am delighted and honored to have been invited to preside over the official launch of the rebranded sharia compliant banking window of National Bank.
First of all, over the past years, the value of the yuan has appreciated and the exchange rate at the end of last year stood at around yuan 8.29 for a dollar. The trade surplus of last year reached $ billion, and capital inflow was as high as $ billion, which, put together, contributed to the rise of foreign exchange reserves.