The Central Bank of Kenya is buying dollars to increase foreign exchange reserves and stabilize the exchange rate. The move…
Search Results: foreign exchange (327)
The Central Bank of Kenya announced the issuance of the Foreign Exchange Code (the FX Code) on March 22, 2023, to commercial banks,…
Kenya’s foreign exchange reserves fell by $203 million to $8.986 billion as of August 26 from $9.189 billion as of…
Kenya’s foreign exchange reserves increased by $31 million to a high of $9,621 million (Ksh.1.04 trillion) in the week ended…
Kenya’s foreign exchange reserves rose for the second consecutive month in April, reaching $7,425 million, according to Central Bank data.…
Kenya’s official foreign exchange reserves fell slightly in the week as the shilling witnessed turbulence due to increased dollar demand…