The usable foreign exchange reserves stood at USD 7,532 million (4.15 months of import cover). This meets CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover. The World Bank loan facility boosted reserves, lifting the coverage above the shortfall experienced since November 2022. However, it still falls short of EAC region’s convergence criteria of 4.5-months of import cover.
The usable foreign exchange reserves stood at USD 6,479 million (3.60 months of import cover). This falls short of CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover as well as EAC region’s convergence criteria of 4.5-months of import cover.
The usable foreign exchange reserves stood at USD 6,297 million (3.50 months of import cover). This falls short of CBK’s statutory requirement to endeavor to maintain at least 4.0 months of import cover as well as EAC region’s convergence criteria of 4.5-months of import cover.
The usable foreign exchange reserves stood at USD 6,468 million (3.60 months of import cover). This falls short of CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover as well as EAC region’s convergence criteria of 4.5-months of import cover.
The usable foreign exchange reserves stood at USD 6,492 million (3.61 months of import cover). This falls short of CBK’s statutory requirement to endeavour to maintain at least 4.0 months of import cover as well as the EAC region’s convergence criteria of 4.5 months of import cover.
The usable foreign exchange reserves stood at USD 6,531 million (3.63 months of import cover). This falls short of CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover as well as EAC region’s convergence criteria of 4.5-months of import cover.
The usable foreign exchange reserves stood at USD 6,376 million (3.56 months of import cover). This falls short of CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover as well as EAC region’s convergence criteria of 4.5-months of import cover.
The usable foreign exchange reserves stood at USD 6,550 million (3.66 months of import cover). This falls short of CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover as well as EAC region’s convergence criteria of 4.5-months of import cover.
The usable foreign exchange reserves stood at USD 6,560 million (3.66 months of import cover). This falls short of CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover as well as EAC region’s convergence criteria of 4.5-months of import cover.
The usable foreign exchange reserves stood at USD 6,566 million (3.67 months of import cover). This falls short of CBK’s statutory requirement to endeavor to maintain at least 4.0-months of import cover as well as EAC region’s convergence criteria of 4.5-months of import cover.