×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

Kenya's forex reserves hit six-month low as shilling falls

Kenya's foreign exchange reserves fell to a six-month low of 8.6 trillion shillings (about 7.93 billion U.S. dollars) on Friday in a week the local currency declined considerably against the greenback.

The Central Bank of Kenya in its weekly update said that the reserves fell from 8.14 billion dollars on Nov. 12 to the present level, a decline of 214 million dollars during the period.

Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in