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Originally published by Capital Business
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business
July 15, 2026
6h ago

CBK assures stable shilling amid Dollar inflows

CBK assures stable shilling amid Dollar inflows

CBK Governor Kamau Thugge said the foreign exchange reserves are expected to remain strong, providing enough buffer to shield the economy from both domestic and external shocks...

✨ Key Highlights

The Central Bank of Kenya (CBK) has assured the public that the Kenyan shilling will remain stable due to significant inflows of US dollars from recent government asset sales.

  • Reserves are expected to cover 5.5 to 6 months of import cover.
  • Key figure: CBK Governor Kamau Thugge.
  • Notable detail: Inflows from the sale of the government's Safaricom stake are anticipated to boost reserves to approximately Sh2.1 trillion ($16 billion).

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