Tag Archives: Kamau Thugge

Forex Reserves Hit Record $10.94B – CBK

Kenya’s foreign exchange reserves continued their upward trend this week, increasing by $357 million to hit an all-time high of approximately $10.94 billion, according to the Central Bank of Kenya’s (CBK) weekly financial markets report released Friday evening. Click here to join our WhatsApp Channel The CBK noted that this …

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Kenyan Shilling Weakens Amid Growing Concerns Over U.S. Tariff Increases

The Kenyan shilling fell by 0.35 percent this week, ending at 129.71, amid mounting uncertainty regarding the effects of U.S. tariff hikes, as reported by the Central Bank of Kenya on Friday. The currency started the week at 129.26 and steadily declined throughout the five days, with ongoing tariff tensions …

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