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.
Browsing: ECONOMY
Navigate the complex tapestry of the East African economy with Khusoko.com. Dig deep into economic news, analysis, and insights from East Africa. Uncover market trends, policy impacts, and development updates shaping the region’s financial landscape.
This is the third month the inflation rate is outside the government’s targeted band of 2.5% to 7.5%.
The deal comes from KCB’s acquisition of Rwanda’s Bank Populaire Du Rwanda (BPR) in 2021.
Safaricom began the year with a share price of 37.95 KES. The current share price is KES 28.95
Futuremakers builds on the success of Standard Chartered Bank’s Seeing is Believing (SiB) initiative to tackle avoidable blindness and visual impairment.
The shilling was exchanged at an average of 119.9059 compared to KSh 119.47 per US dollar on August 18.