Weekly Reports

Weekly Commentary – 29th October 2021

The CBK’s usable foreign exchange reserves remained adequate at USD 9,175 million (5.61 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 – 22nd October 2021

The CBK’s usable foreign exchange reserves remained adequate at USD 9,228 million (5.64 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 October 2021

The CBK’s usable foreign exchange reserves remained adequate at USD 9,261 million (5.66 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 – 8th October 2021

The CBK’s usable foreign exchange reserves remained adequate at USD 9,365 million (5.73 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.