Weekly commentary – 10th Januray 2025
Foreign Exchange Reserves The usable foreign exchange reserves decreased by 0.22% to USD 9,178 million (4.7 months of import cover). This was above the CBK’s statutory requirement to endeavor to…
Foreign Exchange Reserves The usable foreign exchange reserves decreased by 0.22% to USD 9,178 million (4.7 months of import cover). This was above the CBK’s statutory requirement to endeavor to…
MONTH’S HIGHLIGHTS ECONOMIC INDICATORS Foreign Exchange Reserves During the month, the usable foreign exchange reserves increased by 2.15% to settle at $9.20 billion (4.70 months of import cover). This was…
Foreign Exchange Reserves The usable foreign exchange reserves increased by 0.67% to USD 9,029 million (4.6 months of import cover). This was above the CBK’s statutory requirement to endeavor to…
Foreign Exchange Reserves The usable foreign exchange reserves decreased by 0.42% to USD 8,969 million (4.6 months of import cover). This was above the CBK’s statutory requirement to endeavor to…
MONTH’S HIGHLIGHTS ECONOMIC INDICATORS Foreign Exchange Reserves During the month, the usable foreign exchange reserves increased by 4.90% to settle at $9.0 billion (4.60 months of import cover). This was…
MACROECONOMIC REVIEW GDP Kenya’s GDP growth moderated to 4.6% in Q2 2024, down from 5.0% in Q1, reflecting a broad-based slowdown across key sectors. Notably, the construction and manufacturing sectors…
Foreign Exchange Reserves The usable foreign exchange reserves decreased by 1.42% to USD 9,144 million (4.7 months of import cover). This was above the CBK’s statutory requirement to endeavor to…
Foreign Exchange Reserves The usable foreign exchange reserves decreased by 0.50% to USD 9,276 million (4.8 months of import cover). This was above the CBK’s statutory requirement to endeavor to…
The Path Forward In an era marked by growing awareness of environmental, social and governance (ESG) considerations, sustainability reporting has emerged as a crucial aspect for organisations, investors and stakeholders….
Foreign Exchange Reserves The usable foreign exchange reserves increased by 8.58% to USD 9,323 million (4.8 months of import cover). This was above the CBK’s statutory requirement to endeavor to…