Forex reserves hit new low as CBK shores up the shilling : Pressure on local currency largely from duty-free maize and sugar imports to bridge deficit / Constant Munda.
Series: Business Daily ; No. 2665, Tuesday, August 1, 2017.Publication details: Nairobi : Nation Media Group ; 2017.Description: p. 20. illSubject(s): Summary: Foreign exchange reserves have fallen to the lowest level since March 16 at $6.973 billion (Sh724.56 billion) underlining increased activity by Central Bank of Kenya (CBK) to stabilise the shilling and debt payment.
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Foreign exchange reserves have fallen to the lowest level since March 16 at $6.973 billion (Sh724.56 billion) underlining increased activity by Central Bank of Kenya (CBK) to stabilise the shilling and debt payment.
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