C
Originally published by Capital Businessbusiness
July 15, 2026
6h ago
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).
Continue Reading
Read the complete article from Capital Business
Advertisement
Related News
Advertisement




