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Originally published by Capital Business
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business
July 28, 2026
3h ago

Kenya’s dollar import cover dips to 5.9 months as reserves shrink by Sh40.6bn

Kenya’s dollar import cover dips to 5.9 months as reserves shrink by Sh40.6bn

The reserves stood at approximately Sh1.79 trillion ($13.854 billion) as of July 23, down from about Sh1.83 trillion ($14.169 billion) recorded a week earlier, representing a weekly decline of roughly Sh40.6 billion ($315 million)...

✨ Key Highlights

Kenya's foreign exchange reserves have decreased, falling below the 6-month import cover benchmark as of July 23.

  • Kenya's foreign exchange reserves stood at approximately Sh1.79 trillion ($13.854 billion) as of July 23, down from Sh1.83 trillion ($14.169 billion) a week prior, reducing import cover to 5.9 months.
  • This decline was reported by the Central Bank of Kenya (CBK).
  • Despite the decrease, reserves remain above the statutory requirement of at least four months of import cover.

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