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Originally published by The Standard BusinessAugust 4, 2026
4h ago
Ruto's privatisation push boosts forex reserves to record $15.4b
Kenya's foreign exchange reserves surged to a record $15.4 billion (Sh1.99 trillion) in the week ended July 30, providing the country with 6.4 months of import cover, the apex bank said on Friday...
✨ Key Highlights
Kenya's foreign exchange reserves have reached a record high of $15.4 billion, providing the nation with 6.4 months of import cover as of the week ending July 30.
- The record reserves stand at $15.4 billion (Sh1.99 trillion).
- The Central Bank of Kenya reported the significant increase.
- It remains unclear if the proceeds from the government's partial divestiture of Safaricom are included in this figure.
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