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…

Weekly commentary – 14th June 2024

Weekly commentary – 14th June 2024

Foreign Exchange Reserves The usable foreign exchange reserves increased by 0.44% to USD 7,012 million (3.70 months of import cover). This falls short of CBK’s statutory requirement to endeavor to…

Weekly commentary – 7th June 2024

Weekly commentary – 7th June 2024

Foreign Exchange Reserves The usable foreign exchange reserves increased by 0.09% to USD 6,981 million (3.60 months of import cover). This falls short of CBK’s statutory requirement to endeavor to…

Weekly Commentary – 5th July 2024

Weekly Commentary – 5th July 2024

Foreign Exchange Reserves The usable foreign exchange reserves decreased by 0.32% to USD 7,775 million (4.0 months of import cover). This falls short of CBK’s statutory requirement to endeavor to…

Weekly Commentary – 17th May 2024

Weekly Commentary – 17th May 2024

Foreign Exchange Reserves The usable foreign exchange reserves stood at USD 7,130 million (3.80 months of import cover). This falls short of CBK’s statutory requirement to endeavor to maintain at…

Weekly Commentary – 24th May 2024

Weekly Commentary – 24th May 2024

Foreign Exchange Reserves The usable foreign exchange reserves declined by 1.98% to USD 6,989 million (3.70 months of import cover). This falls short of CBK’s statutory requirement to endeavor to…

Weekly Commentary – 10th May 2024

Weekly Commentary – 10th May 2024

Foreign Exchange Reserves The usable foreign exchange reserves stood at USD 7,180 million (3.80 months of import cover). This falls short of CBK’s statutory requirement to endeavor to maintain at…