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Originally published by The Kenyan Wall Street
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October 17, 2025
3d ago

Kenya’s Foreign Reserves Hit Record US$ 12Bn After Eurobond

Kenya’s Foreign Reserves Hit Record US$ 12Bn After Eurobond

Kenya’s usable foreign-exchange reserves have risen to an all-time record of USD 12.07 billion (KSh 1.56 trillion), the highest level ever..

✨ Key Highlights

Kenya’s foreign-exchange reserves have reached an unprecedented high of USD 12.07 billion (KSh 1.56 trillion) in mid-October 2025, marking the first time they have surpassed the USD 12 billion threshold. This significant increase is primarily attributed to the recent Eurobond issuance.

  • The reserves increased by USD 1.36 billion (KSh 176 billion) in the first two weeks of October 2025.
  • The Central Bank of Kenya (CBK) reported the rise, which boosts Kenya's import cover from 4.7 to 5.3 months.
  • The jump coincides with USD 1.5 billion (KSh 194 billion) in proceeds from the government's October 2025 Eurobond issuance.
  • The stronger reserve position provides a larger cushion for upcoming external debt-service payments in early 2026 and supports the shilling.

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