Monthly Market Commentary – October 2024
MONTH’S HIGHLIGHTS ECONOMIC INDICATORS Foreign Exchange Reserves During the month, the usable foreign exchange reserves increased by 6.96% to settle at $8.59 billion (4.40 months of import cover). This was…
MONTH’S HIGHLIGHTS ECONOMIC INDICATORS Foreign Exchange Reserves During the month, the usable foreign exchange reserves increased by 6.96% to settle at $8.59 billion (4.40 months of import cover). This was…
Foreign Exchange Reserves The usable foreign exchange reserves decreased by 0.07% to USD 8,485 million (4.4 months of import cover). This was above the CBK’s statutory requirement to endeavor to…
Foreign Exchange Reserves The usable foreign exchange reserves increased by 2.31% to USD 8,491 million (4.4 months of import cover). This was above the CBK’s statutory requirement to endeavor to…
Foreign Exchange Reserves The usable foreign exchange reserves increased by 1.38% to USD 8,299 million (4.3 months of import cover). This was above the CBK’s statutory requirement to endeavor to…
INTRODUCTION Environmental, Social and Governance (ESG) is a framework used to evaluate an entity’s business practices, governance, reporting and performance on sustainability issues. ESG criteria evaluates the social responsibilities, governance…
MONTH’S HIGHLIGHTS ECONOMIC INDICATORS Foreign Exchange Reserves During the month, the usable foreign exchange reserves increased by 9.23% to settle at $8.03 billion (4.10 months of import cover). This was…
Foreign Exchange Reserves The usable foreign exchange reserves increased by 1.98% to USD 8,186 million (4.2 months of import cover). This was above the CBK’s statutory requirement to endeavor to…
INTRODUCTION Government securities are debt instruments issued by the government to raise funds for various purposes such as infrastructure projects, budget deficits and debt refinancing. These securities are generally considered…
INTRODUCTION Good governance in pension schemes is crucial to ensure that the retirement savings of individuals are managed effectively, transparently and securely. Kenya’s pension system has undergone significant reforms focused…
Foreign Exchange Reserves The usable foreign exchange reserves increased by 1.45% to USD 7,856 million (4.1 months of import cover). This was above the CBK’s statutory requirement to endeavor to…