C
Originally published by Capital Businessbusiness
June 7, 2025
4mo ago
Kenya’s forex reserves hit record high of nearly $10.59bn

NAIROBI, June 7 (Xinhua) -- Kenya's foreign exchange reserves rose by 122 million U.S. dollars this week to reach a historic high of nearly 10.59 billion Kenya breaking news | Kenya news today |..
✨ Key Highlights
Kenya's foreign exchange reserves have reached a record high of nearly $10.59 billion, as reported by the Central Bank of Kenya in their weekly financial update.
- Reserves increased by $122 million this week, maintaining import cover for 4.7 months.
- President William Ruto acknowledged the challenges faced in achieving this growth amid a foreign exchange crunch in 2023.
- The stable Kenyan shilling, currently trading at 129.22 to the dollar, has aided in building reserves without frequent central bank intervention.
Continue Reading
Read the complete article from Capital Business
Part of the Day's Coverage
Kenya's Forex Reserves and Gen Z Political Engagement
Kenya's forex reserves reach a record high of nearly $10.59bn. New book calls for reevaluation of Gen Z's political role.
2 stories in this topic
View Full Coverage





