The Central Bank of Tanzania (BoT) has begun to purchase gold from local miners and traders, paying them in Tanzanian…
Search Results: foreign exchange reserves (90)
Kenya witnessed a 14.1% increase in remittance inflows in August 2023, with the U.S. accounting for 54% of the total.…
The International Monetary Fund (IMF) Executive Board completed its fifth review of the 38-month Extended Fund Facility (EFF) and Extended…
The International Monetary Fund (IMF) and Kenya have reached a staff-level agreement worth KSh 56.58 billion ($410 million). The agreement…
The Kenya shilling weakened sharply against the US dollar, hitting a fresh low of 129. The depreciation has partly been…
Global rating agency Standard and Poor (S&P) has revised Kenya’s outlook on debt service capacity from stable to negative. “Constrained…