Tag: CBK
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Kenya falls more on public funds as demand for T-bills rise
The East African nation's Central Bank of Kenya (CBK) floated bonds worth 248 million U.S. dollars as it sought to raise cash for budgetary...
Kenya’s Diaspora remittance inflows rise by 8.4 percent in 2015
The Central Bank of Kenya (CBK) said in a statement released in Nairobi that North America dominated by source regions, accounting for 49.6 percent...
Kenya’s dollar reserves strengthen to US$7.22 billion as tourism recovers
The 7.22 billion dollars are 4.6 months of import cover, up from 3.98 months of import cover in October.
The surge in the dollar...
Kenya’s dollar reserves drop as inflows from debt market decline
The dollar reserves have gone down from 6.9 billion U.S. dollars or 4.4 months of import cover at the start of this month to...
Kenya urges Africa to avoid external financing sources
The Central bank of Kenya (CBK) Governor Patrick Njoroge said the continent's over-dependence on external financing sources made it vulnerable to such shocks.
"Because...
