Kenya’s foreign reserves rose to $9.22 billion last week, up $324 million from the previous week, according to the Central Bank of Kenya (CBK). This growth was driven by increases in exports (+15.4%), tourism (+14.6%), and diaspora remittances (+18%). The IMF also contributed through its disbursements. CBK Governor Kamau Thugge stated that the reserves now cover 4.7 months of imports and provide a buffer against short-term currency market shocks.
