FINANCIAL RISK MANAGEMENT AND FINANCIAL PERFORMANCE OF FOREX BUREAUS IN NAIROBI COUNTY, KENYA

Forex bureaus function in an environment filled with various financial risks that influence their performance. These institutions, especially the 21st century, have been faced multiple occurrences culminated to risks. The essence of organizations formulating risk management approaches was caused by collapse reputable businesses such as WorldCom and Enron, this has helped cushion themselves stakeholders from different Financial performance remains one prominent measures growth, used measure attain objectives. forex is a numerical indicator for spread which goals are achieved. study objectives included; determine operational on Bureaus Nairobi County; establish credit Bureau assess liquidity County evaluate market County. target population 74 consisted CEOs, Managing Directors Middle Management Staff. Yamane Formula adopted arrive at sample size 210. both primary secondary data collection method. found there relationship between bureau It clear positive correlation (