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Kenya's Forex Reserves Hit All-Time High of $14 Billion

Kenya's Forex Reserves Hit All-Time High of $14 Billion

Sputnik Africa

Kenya's Forex Reserves Hit All-Time High of $14 Billion The country's foreign exchange reserves rose by $874 million this week to a record $14... 04.07.2026, Sputnik Africa

2026-07-04T11:23+0200

2026-07-04T11:23+0200

2026-07-04T11:24+0200

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Kenya's Forex Reserves Hit All-Time High of $14 Billion The country's foreign exchange reserves rose by $874 million this week to a record $14 billion, driven by $750 million in World Bank funding for accountability and social protection, the Central Bank of Kenya announced.Key details🟠 Reserves now provide six months of import cover, up from 5.6 months a week earlier—well above the statutory minimum of four months.🟠 Since the start of the year, Kenya has consistently kept reserves above $12 billion, helping support the shilling.🟠 The latest increase is expected to provide further support in the coming weeks, the central bank added.Subscribe to @sputnik_africa Sputnik Africa | X

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