Kenyan Shilling Weakens Slightly as Foreign Reserves Fall

The government is working to balance its accounts ahead of the end of the fiscal year 2025/2026 in 10 days...

✨ Key Highlights

Kenya's foreign reserves have decreased by Ksh11.77 billion this week, accompanied by a slight weakening of the Kenyan Shilling against major currencies.

The foreign reserves now stand at USD 13.149 billion, though still above the statutory four-month import cover.
The Central Bank of Kenya (CBK) reported the decline, which coincides with the government closing accounts for the 2025/2026 financial year.
Remittance inflows also saw a dip of 0.9% in May, falling to Ksh50.98 billion.

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