- Forex reserves dip by 6% after settling $500 million portion of debut Eurobond
- Reserves remain adequate for import cover, stabilizing the shilling
Nairobi, Kenya – Kenya’s forex reserves have dipped by 6% over the past week following the settlement of the remaining $500 million portion of the debut Eurobond issued in 2014, highlighting the significant impact of the sovereign bond on the country’s coffers.
This article is free to read.
Sign up for free or sign in to continue reading.
Unlike our competitors, we don't force you to pay to read the news but we do need your email address to make your experience better.
Create your free account or sign in
