The CBK’s usable foreign exchange reserves remained adequate at USD 8,372 million (4.98 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.
The CBK’s usable foreign exchange reserves remained adequate at USD 8,401 million (4.99 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.
The Kenya National Bureau of Statistics indicated a rise in inflation from 5.56% in March to 6.47% in April on the back of high fuel prices, expensive foodstuff and other utilities during the month. This brings the rate to a seven months high since September 2021.
The CBK’s usable foreign exchange reserves remained adequate at USD 8,485 million (5.04 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.
The CBK’s usable foreign exchange reserves remained adequate at USD 8,284 million (4.92 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.
The CBK’s usable foreign exchange reserves remained adequate at USD 8,373 million (4.98 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.
The CBK’s usable foreign exchange reserves remained adequate at USD 7,856 million (4.80 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.
The CBK’s usable foreign exchange reserves remained adequate at USD 7,979 million (4.88 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.
The CBK’s usable foreign exchange reserves remained adequate at USD 8,011 million (4.90 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.
The CBK’s usable foreign exchange reserves remained adequate at USD 8,130 million (4.97 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.