On a year-to-date basis, the shilling has depreciated by 7.6% against the dollar. This is higher than the 3.6% depreciation recorded in 2021.
Browsing: foreign exchange reserves
Kenya’s foreign exchange reserves declined by 8.715 billion dollars to 8.287 billion dollars in the week ended Jan 28, according…
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 rose for the second consecutive month in April, reaching $7,425 million, according to Central Bank data.…
The Kenyan currency is expected to remain under pressure in 2021 as largely driven by external factors says Cytonn Investments,…
Kenya’s foreign exchange reserves are now at the same level as the East African Community (EAC) criteria for import cover.…