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Kenya’s Forex Reserves Surge to Record $9.32 Billion Following IMF Boost

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  • Central Bank reserves reach historic high, driven by IMF loan and dollar purchases
  • Strong reserves bolster shilling stability, meeting critical import and debt needs

Nairobi, Kenya – Kenya’s foreign exchange reserves have soared to a record $9.32 billion, supported by the latest tranche of a loan from the International Monetary Fund (IMF) and sustained dollar purchases by the Central Bank of Kenya (CBK) to stabilise the shilling.

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