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Originally published by Capital Business
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business
March 8, 2026
1mo ago

Kenya forex reserves Rise by Sh266bn after Eurobond boost

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 |..

✨ Key Highlights

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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Kenya forex reserves Rise by Sh266bn after Eurobond boost - March 2026

Kenya's foreign exchange reserves have significantly increased to $14.59 billion (Sh1.88 trillion), bolstered by proceeds from a recent Eurobond issuance. At the same time, a Sh4.98 billion contract to upgrade a section of Mombasa Road has been awarded to China Road and Bridge Corporation (CRBC), displacing local firms previously contracted for the work. During International Women's Day celebrations organized by the Bidii Girls Program in Nairobi, women were strongly encouraged to prioritize saving, smart investments, and mentorship for financial independence and long-term economic empowerment.

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