Weekly Reports

Weekly Commentary – 24th July 2020

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves slightly declined for the second week in a row to stand at USD 9.42 bn (5.72 months of import cover). This meets CBK’s statutory requirement to endeavour 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 – 17th July 2020

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves slightly declined from the previous week to stand at USD 9.67 bn (5.87 months of import cover). This meets CBK’s statutory requirement to endeavour 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 – 10th July 2020

Foreign Exchange Reserves The CBK’s usable foreign exchange reserves slightly declined from the previous week to stand at USD 9.70 bn (5.83 months of import cover). This meets CBK’s statutory requirement to endeavour 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 June 2020

Foreign Exchange reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 9.278 billion (5.58 months of import cover) but declined from the previous week level of USD 9.302 billion(5.59…

Weekly Commentary – 5th June 2020

Foreign Exchange reserves. The CBK’s usable foreign exchange reserves soared from the previous week to stand at USD 9.26 billion (5.56 months of import cover). This meets CBK’s statutory requirement to endeavour…

Weekly Commentary – 22nd May 2020

Foreign Exchange reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 8.489 billion (5.11 months of import cover). This meets CBK’s statutory requirement to endeavour to maintain at least…

Weekly Commentary – 15th May 2020

Foreign Exchange reserves. The CBK’s usable foreign exchange reserves continued to strengthen from the preceding weeks to remain adequate at USD 8.532 billion (5.14 months of import cover). This meetsCBK’s statutory requirement…