CBK releases more dollars into the market to support shilling

Forex exchange reserves dipped by over 11.3 billion shillings after the Central Bank of Kenya released more dollars into the market to cushion the Kenyan shilling. The banking regulator has however not given reasons for the huge drop but says reserves remain adequate and are within the statutory import cover of at least four months.


Latest posts

Kenya establishes direct trade linkages with the UAE

KBC Videos

JKUAT, Chinese scientists develop high yielding maize variety

KBC Videos

ICANN managed root server cluster set up in Nairobi

KBC Videos

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

%d bloggers like this: