reserves Stories

KWS has assured visitors that Kenya remains a competitive and accessible destination for both local and international tourists, with additional revenu...

According to the proposals, Kenyan citizens aged 70 and above, children under five, and persons living with disabilities would enjoy free entry.

Foreign exchange reserves were reported at $10,749 million (Sh1.39 trillion), equivalent to 4.7 months of import cover.

The reserves have been on an upward trend since March, when they surpassed the 10-billion-US-dollar mark.

So far this year, the months of January, August, September and October recorded the highest dollar inflow from diaspora remittances.

The latest weekly bulletin by the CBK shows the reserves stood at $9,323 million (Sh1.2 trillion at the current exchange rate), an equivalent of (4.8...

The record is also an 11-month high rise, as such a record was last witnessed on July 20, 2023, signalling better prospects for the local currency, he...

Data by the Central Bank of Kenya (CBK) shows the usable foreign exchange reserves stood at $6.97 billion (Sh911.8 billion), or just about 3.6 months...