Kenya's forex reserves surge to historic high of 15.4 bln USD

NAMPA / Xinhua

2026-08-01

NAIROBI, Aug. 1 (Xinhua) -- Kenya's foreign exchange reserves rose by a record 1.55 billion U.S. dollars this week to reach an all-time high of 15.4 billion dollars, the Central Bank of Kenya (CBK) announced in its weekly financial markets update on Friday evening. The reserve surge, up from 13.85 billion dollars the previous week, was primarily driven by capital inflows from the government's partial divestiture of Safaricom, the country's lea......

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