Monthly Reports

MONTH’S HIGHLIGHTS ECONOMIC INDICATORS Foreign Exchange Reserves During the month, the usable foreign exchange reserves increased by 2.03% to settle at $7.23 billion (3.80 months of import cover). This falls…

MONTH’S HIGHLIGHTS ECONOMIC INDICATORS Foreign Exchange Reserves During the month, the usable foreign reserves increased by 1.81% to settle at USD 7.09 billion (3.80 months of import cover). This falls…

MONTH’S HIGHLIGHTS ECONOMIC INDICATORS Foreign Exchange Reserves During the month, the usable foreign reserves decreased by 2.41% to settle at USD 6.96 billion (3.70 months of import cover). This falls…

MONTH’S HIGHLIGHTS ECONOMIC INDICATORS Foreign Exchange Reserves During the month, the usable foreign reserves increased by 6.61% to settle at USD 7.02 billion (3.80 months of import cover). This falls…

During the month, the usable foreign reserves declined by 1.90% to settle at USD 6.61 billion (3.50 months of import cover). This falls short of CBK’s statutory requirement to endeavor to maintain at least 4 months of import cover as well as EAC region’s convergence criteria of 4.5 months of import cover.

During the month, the usable foreign reserves declined by 1.48% to settle at USD 6.84 billion (3.67 months of import cover). This falls short of CBK’s statutory requirement to endeavour to maintain at least 4 months of import cover as well as the EAC region’s convergence criteria of 4.5 months of import cover.

During the month, the usable foreign reserves declined by 1.48% to settle at USD 6.84 billion (3.67 months of import cover). This falls short of CBK’s statutory requirement to endeavour to maintain at least 4 months of import cover as well as the EAC region’s convergence criteria of 4.5 months of import cover.

During the month, the usable foreign reserves declined by 1.99% to settle at USD 6.94 billion (3.80 months of import cover). This falls short of CBK’s statutory requirement to endeavor to maintain at least 4 months of import cover as well as EAC region’s convergence criteria of 4.5 months of import cover.

During the month, the usable foreign reserves declined by 4.03% to settle at USD 7.08 billion (3.83 months of import cover). This falls short of CBK’s statutory requirement to endeavor to maintain at least 4 months of import cover as well as EAC region’s convergence criteria of 4.5 months of import cover.

During the month, the usable foreign reserves decreased by 1.32% to settle at USD 7.38 billion (4.03 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4 months of import cover. However, it still falls short of EAC region’s convergence criteria of 4.5 months of import cover.