- 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.
You need an active subscription to continue reading this article.
