Kenya's forex reserves hit new high on stronger shilling, high inflows
Kenya's foreign exchange reserves increased by 324 million U.S. dollars this week, surpassing 9.2 billion dollars, amid a ...
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Kenya shilling outshines US dollar on increased forex reserves after CBK lowered interest rates
The Central Bank of Kenya (CBK) said the easing of the monetary policy stance was aimed at enhancing economic activities and ...
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Kenyans abroad send home KSh 55.2b in remittances as CBK forex reserves grow on strong shilling
Central Bank of Kenya (CBK) registered an increase in foreign currency reserves at $9.4 billion (KSh 1.2 trillion), ...
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Kenya central bank sees stable shilling despite US aid freeze
On Thursday, the Central Bank of Kenya conveyed confidence in the stability of the country's foreign exchange rate despite the recent freeze on foreign aid by U.S. President Donald Trump. The central ...
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Kenya central bank sees minimal effect on shilling from Trump aid freeze
Central Bank Governor Kamau Thugge cited strong remittance inflows among reasons why Kenya's foreign exchange reserves were healthy at roughly $9 billion, or more than four months of import cover.
Investing13d
Kenya central bank sees stable shilling despite US aid freeze
On Thursday, the Central Bank of Kenya conveyed confidence in the stability of the country's foreign exchange rate despite the recent freeze on foreign aid by U.S. President Donald Trump.