On top of that, there is a risk that the rate of increase in prices will slow if (1) households do not become more tolerant to price rises amid the deeply entrenched behavior and mindset, mainly among firms, based on the assumption that prices will not increase easily, and (2) the pass-through of cost increases to selling prices is limited, despite improvement in the output gap and an increase in raw material costs.
Ladies and Gentlemen, despite the numerous challenges experienced in the forex bureau sub-sector in the recent past, the Central Bank recognizes the important role the  BIS central bankers’ speeches  1  sector plays in the economy by offering foreign exchange at competitive rates and providing employment to many Kenyans.