Search Results: foreign exchange reserves (79)

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 continue to fall and currently stand at USD 6.939 billion (3.88 months of import cover) as…

Kenya is in breach of East Africa’s FX reserve policy, where members are expected to have above 4.5 months of import cover at all times.

FX Reserves have declined to 4.45 months of imports.

Kenya’s foreign exchange reserves rose by Ksh.61.5 billion ($533 million) to a record high of $9,352 billion in the week…

Kenya’s foreign exchange reserves declined by 8.715 billion dollars to 8.287 billion dollars in the week ended Jan 28, according…