Kenya forex reserves Rise by Sh266bn after Eurobond boost

The increase follows proceeds from the government’s recent Eurobond issuance, which strengthened the country’s external buffers and boosted its capacity to support the Kenyan Shilling and meet international financial obligations. Kenya breaking news | Kenya news today |..

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Kenya's foreign exchange reserves have significantly increased to $14.59 billion (Sh1.88 trillion), bolstered by proceeds from a recent Eurobond issuance.

Kenya's forex reserves now stand at $14.59 billion, providing 6.2 months of import cover.
The Central Bank of Kenya (CBK) reported the increase in its latest weekly bulletin.
This surge in reserves strengthens the country's external buffers and its capacity to support the Kenyan Shilling.

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