×
App Icon
The Standard e-Paper
Stay Informed, Even Offline
★★★★ - on Play Store
Download App

As Kenya braces for Iran war fallout, CBK forex reserves hit Sh1.82t

Kenya’s forex reserves hit a record high as global oil shocks loom. [File Courtesy]

The Central Bank of Kenya (CBK) has disclosed that the country’s foreign exchange reserves stand at a record $14.02 billion (Sh1.82 trillion), providing six months of import cover as the escalating Iran war threatens to unleash a fresh wave of external shocks on the local economy.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902