Weekly commentary – 4th October 2024

Weekly commentary – 4th October 2024

Foreign Exchange Reserves The usable foreign exchange reserves increased by 1.98% to USD 8,186 million (4.2 months of import cover). This was above the CBK’s statutory requirement to endeavor to…

Weekly commentary – 20th September 2024

Weekly commentary – 20th September 2024

Foreign Exchange Reserves The usable foreign exchange reserves increased by 1.45% to USD 7,856 million (4.1 months of import cover). This was above the CBK’s statutory requirement to endeavor to…

Weekly commentary – 13th September 2024

Weekly commentary – 13th September 2024

Foreign Exchange Reserves The usable foreign exchange reserves increased by 3.21% to USD 7,744 million (4.0 months of import cover). This was within the CBK’s statutory requirement to endeavor to…

Weekly commentary – 6th September 2024

Weekly commentary – 6th September 2024

Foreign Exchange Reserves The usable foreign exchange reserves increased by 2.10% to USD 7,503 million (3.90 months of import cover). This was below the CBK’s statutory requirement to endeavor to…

Weekly commentary – 23rd August 2024

Weekly commentary – 23rd August 2024

Foreign Exchange Reserves The usable foreign exchange reserves increased by 1.20% to USD 7,404 million (3.80 months of import cover). This was below the CBK’s statutory requirement to endeavor to…

Weekly commentary – 16th August 2024

Weekly commentary – 16th August 2024

Foreign Exchange Reserves The usable foreign exchange reserves decreased by 0.33% to USD 7,316 million (3.80 months of import cover). This was below the CBK’s statutory requirement to endeavor to…

Weekly commentary – 9th August 2024

Weekly commentary – 9th August 2024

Foreign Exchange Reserves The usable foreign exchange reserves increased by 0.91% to USD 7,340 million (3.80 months of import cover). This was below the CBK’s statutory requirement to endeavor to…

Weekly commentary – 26th July 2024

Weekly commentary – 26th July 2024

Foreign Exchange Reserves The usable foreign exchange reserves decreased by 1.32% to USD 7,311 million (3.80 months of import cover). This falls short of CBK’s statutory requirement to endeavor to…

Weekly commentary – 19th July 2024

Weekly commentary – 19th July 2024

Foreign Exchange Reserves The usable foreign exchange reserves decreased by 6.17% to USD 7,409 million (3.90 months of import cover). This falls short of CBK’s statutory requirement to endeavor to…

Weekly commentary – 21st June 2024

Weekly commentary – 21st June 2024

Foreign Exchange Reserves The usable foreign exchange reserves increased by 18.67% to USD 8,321 million (4.30 months of import cover). This was above the CBK’s statutory requirement to endeavor to…