Foreign currency Stories

CBK's foreign reserves hit four-year high after IMF boost
Maureen Kinyanjui  |  Nov 12, 2024

The rise in reserves is largely attributed to IMF debt inflows and CBK's strategic net purchases of dollars.

How the US is daring the world to find a dollar alternative
Reuters  |  Jun 10, 2024

The latest blows come from some powerful Americans questioning the rule of law following the conviction of Donald Trump.

Kenya Power gets green light to charge some of its consumers in foreign currencies
Bashir Mohammed  |  Feb 26, 2024

The decision is a win for the utility company which has recently faced challenges due to increased forex losses.

Stay ahead of the news! Click ‘Yes, Thanks’ to receive breaking stories and exclusive updates directly to your device. Be the first to know what’s happening.