Weekly Commentary – 6th August 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 9,352 million (5.72 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.

Weekly Commentary – 23rd July 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 9,371 million (5.73 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.

Weekly Commentary – 16th July 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 9,621 million (5.87 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.

Weekly Commentary – 9th July 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 9,590 million (5.86 months of import cover). This meets CBK’s statutory requirement to endeavour to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.

Weekly Commentary – 25th June 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 8,114 million (4.96 months of import cover). This meets CBK’s statutory requirement to endeavour to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.

Weekly Commentary – 18th June 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,474 million (4.57 months of import cover). This meets CBK’s statutory requirement to endeavour to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.

Weekly Commentary – 11th June 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,506 million (4.59 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.

Weekly Commentary – 4th June 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,510 million (4.59 months of import cover). This meets CBK’s statutory requirement to endeavour to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.

Weekly Commentary – 21st May 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,546 million (4.61 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.

Weekly Commentary – 14th May 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,594 million (4.64 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.