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.
Foreign Exchange reserves.
The CBK’s usable foreign exchange reserves soared from the previous week to stand at USD 9.72 bn (5.84 months of import cover). This meets CBK’s statutory requirement to endeavour to maintain at least 4.0 months of…
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…
Foreign Exchange reserves. The CBK’s usable foreign exchange reserves soared from the previous week to stand at USD 9.30 bn (5.59 months of import cover). This meets CBK’s statutory requirement to endeavour…
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…
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…
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…
Foreign Exchange reserves. The CBK’s usable foreign exchange reserves strengthened from the previous week to remain adequate at USD 7.81 billion (4.7 months of import cover), above the statutory requirement…
Foreign Exchange Reserves. The CBK’s usable foreign exchange reserves stand at USD 7.86 billion (4.75-months of import cover), above the statutory requirement of maintaining at least 4.0-months of import cover,…