Soma mahali nimekoleza kwa rangi nyekundu. Tumewashinda kwenye kila kitu. Tumewadouble kwenye kila kitu. Kuanzia airport passengers to port cargo volumes.
Kenya's forex reserves shrink by Sh38.4bn in October
Diaspora remittances which are Kenya’s largest source of foreign exchange have been declining
In Summary
- The country's dollar reserves have been declining for the past six weeks currently standing at $9.175billion(Sh1.02trillion).
- The reserves have dropped from $9.521billion(Sh1.05trillion) held as of September 24.
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CBK Headquarters
Image: FILE
Kenya’s official forex reserves dipped by Sh38.4billion in October, on the back of low remittance inflows and possible dollar sales by CBK to cushion the shilling.
The country's dollar reserves have been declining for the past six weeks currently standing at $9.175billion(Sh1.02trillion), according to the latest weekly bulletin.
The reserves have dropped from $9.521billion(Sh1.05trillion) held as of September 24.
“jamen” wakenya bila uongo hawawezi kuishi
official data hizi hapa kutoka CBK na BOT
the issue isn’t not about the reserve (amount), the issue is about the months of imports (hehe mim sio mchumi i hope mmeelewa naaminisha nn)
Kenya (CBK) - 5 months of imports - $8.8b
Tanzania (BOT) - 7 months of imports - $6.7b

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