Should a common currency in the EAC come to fruition, the trade will be fueled by a reduction, albeit limited, in transaction costs, the elimination of exchange rate risk and region-wide price harmonisation – all of which will undoubtedly be underpinned by policy incentives. Monetary Union is the third stage towards EAC regional integration, capped

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I am a writer based in Kenya with over 10 years of experience in business, economics, technology, law, and environmental studies.

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