Weekly Commentary – 16th February 2024
Foreign Exchange Reserves The usable foreign exchange reserves stood at USD 7,031 million (3.80 months of import cover). This falls short of CBK’s statutory requirement to endeavour to maintain at…
Weekly Commentary – 9th February 2024
Foreign Exchange Reserves The usable foreign exchange reserves stood at USD 7,131 million (3.80 months of import cover). This falls short of CBK’s statutory requirement to endeavour to maintain at…
Monthly Market Commentary – January 2024
MONTH’S HIGHLIGHTS ECONOMIC INDICATORS Foreign Exchange Reserves During the month, the usable foreign reserves increased by 6.61% to settle at USD 7.02 billion (3.80 months of import cover). This falls…
INFLATION: A GUIDE TO UNDERSTANDING AND PROTECTING YOUR INVESTMENT PORTFOLIO
In the ever-evolving financial world, investors must constantly strive to protect and grow their wealth. One of the most formidable systematic risks they face is inflation. Inflation, the persistent increase…
Weekly Commentary – 26th January 2024
Foreign Exchange Reserves The usable foreign exchange reserves stood at USD 7,017 million (3.80 months of import cover). This falls short of CBK’s statutory requirement to endeavour to maintain at…
Weekly Commentary – 19th January 2024
Foreign Exchange Reserves The usable foreign exchange reserves stood at USD 6,814 million (3.60 months of import cover). This falls short of CBK’s statutory requirement to endeavour to maintain at…
Weekly Commentary – 12th January 2024
Foreign Exchange Reserves The usable foreign exchange reserves stood at USD 6,829 million (3.70 months of import cover). This falls short of CBK’s statutory requirement to endeavour to maintain at…
Monthly Market Commentary – December 2023
During the month, the usable foreign reserves declined by 1.90% to settle at USD 6.61 billion (3.50 months of import cover). This falls short of CBK’s statutory requirement to endeavor to maintain at least 4 months of import cover as well as EAC region’s convergence criteria of 4.5 months of import cover.
Weekly Commentary – 15th December 2023
Foreign Exchange Reserves The usable foreign exchange reserves stood at USD 6,711 million (3.59 months of import cover). This falls short of CBK’s statutory requirement to endeavour to maintain at…
Weekly Commentary – 8th December 2023
Foreign Exchange Reserves The usable foreign exchange reserves stood at USD 6,743 million (3.61 months of import cover). This falls short of CBK’s statutory requirement to endeavour to maintain at…