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Originally published by Capital Businessbusiness
July 5, 2026
2h ago
Kenya’s forex reserves hit record high of $14bn
The reserves increased from 13.173 billion dollars the previous week, driven by the receipt of 750 million dollars in World Bank funding to support stronger accountability and social protection, according to the central bank...
✨ Key Highlights
Kenya's foreign exchange reserves have reached a record high of $14 billion, marking a significant increase of $874 million this week.
- The reserves now stand at approximately $14 billion, up from $13.173 billion.
- The Central Bank of Kenya reported the increase, attributing it to $750 million in funding from the World Bank.
- This boost provides Kenya with six months of import cover, exceeding the statutory requirement of four months and offering further support for the Kenyan shilling.
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