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Originally published by Kenyans
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April 3, 2026
5h ago

Foreign Reserves Fall by Ksh 47.5B as Iran War Raises Global Pressure

Foreign Reserves Fall by Ksh 47.5B as Iran War Raises Global Pressure

Kenya is urgently awaiting fuel imports from the Middle East, while tea set for the same market has been stuck at the port for weeks now, with meat exports also facing the same fate...

✨ Key Highlights

Kenya's foreign exchange reserves have fallen by Ksh47.5 billion to USD 13.656 billion, providing 5.8 months of import cover, according to the Central Bank of Kenya.

  • Foreign reserves dropped to USD 13.656 billion, equivalent to 5.8 months of import cover.
  • The Central Bank of Kenya reported the decrease in its weekly bulletin.
  • The decline coincides with a looming fuel crisis and a severe blow to tea and meat exports to the Middle East due to the Iran war, impacting the country's critical financial buffer.

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