Treasury Cabinet Secretary John Mbadi has explained the Kenyan shilling's stabilization at Ksh129 against the U.S. dollar, asserting that government measures have maintained its strength for over a year despite previous panic. He highlighted improved forex reserves and increased exports as key factors.

• The shilling has stabilized between Ksh128 and Ksh130 to the dollar for over one year after previously reaching close to Ksh165.
• National Treasury Cabinet Secretary John Mbadi attributes the stability to the government's management of liabilities, debt, and the foresight in handling the Eurobond repayment.
• Kenya's forex reserves are now at 5.2 months of import cover, up from 3.8 months a year ago, and exports, particularly coffee and horticulture, grew by 7.7 percent, narrowing the current account balance to 1.3 percent of GDP.