Weekly Reports

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.

Weekly Commentary – 12th February 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,638 million (4.60 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 February 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,617 million (4.68 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 January 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,658 million (4.70 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 January 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,807 million (4.80 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 – 08th January 2021

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,722 million (4.74 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 – 18th December 2020

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7837 million (4.81 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 – 11th December 2020

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,849 million (4.82 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 – 4th December 2020

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,954 million (4.89 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 – 20th November 2020

Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves remained adequate at USD 7,928 million (4.80 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.