Weekly Reports

Weekly Commentary – 7th May 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,575 million (4.63 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.

Weekly Commentary – 23rd April 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,727 million (4.75 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.

Weekly Commentary – 16th April 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,656 million (4.71 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.

Weekly Commentary – 9th April 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,425 million (4.56 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.

Weekly Commentary – 26th March 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,344 million (4.51 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.

Weekly Commentary – 19th March 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,412 million (4.55 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.

Weekly Commentary – 15th March 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,351 million (4.52 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.

Weekly Commentary – 5th March 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,359 million (4.52 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.

Weekly Commentary – 26th February 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,605 million (4.67 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.

Weekly Commentary – 19th February 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,605 million (4.67 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover, and the EAC region’s convergence criteria of 4.5-months of import cover.