Kenyans living and working abroad sent home a record Ksh.341 billion in 2020, growing their remittances by 10.7 per cent from Ksh.308 billion in 2019....
The Kenya shilling has rallied against the US dollar hitting a near two-month high in early trading on Wednesday. The local unit was for instance q...
The Kenya shilling slipped past another crucial confidence marker on Friday as it breached the Ksh.110 mark in its valuation against the US dollar. ...
Inflows from Kenya’s diaspora have continued to grow by 17.3 per cent to Ksh.28.8 billion ($263.2 million) in October from Ksh.24.6 billion ($224.3 ...
The Central Bank of Kenya (CBK) usable foreign currency reserves have fallen below the five months import cover in the past week as the shilling faces...
The Central Bank Kenya (CBK) dollar reserves declined by Ksh.8 billion in the week as the shilling swung back against the U.S. dollar from a historica...
The Kenya shilling touched a new low in Wednesday’s trading session against the U.S. dollar as the local unit now sees new bouts of volatility. T...
The Kenyan diaspora has defied hardships arising from the Covid-19 pandemic to keep dollars flowing into the country. The flows termed as diaspora ...
The Central Bank of Kenya (CBK) has retained the benchmark lending rate at seven percent for the third straight month. The CBK Monetary Policy Comm...
The Kenya shilling has sunk to a new low having breached the Ksh.108 mark against the US dollar on Wednesday. The Central Bank of Kenya (CBK) quote...
Kenya could be set for an even higher debt stock as its development partners back additional spending amidst the Covid-19 pandemic. Even as falling...
The International Monetary Fund (IMF) Executive Board approved the disbursement of Ksh.78.3 billion ($739 million) in emergency funding to Kenya on We...
The Central Bank of Kenya (CBK) has flagged Absa Bank Kenya for irregular foreign exchange trades conducted in March. According to the reserve bank...
The Central Bank of Kenya (CBK) has trimmed its base lending rate to 7.25 per cent from 8.25 per cent in January as it seeks to support credit issuanc...
The Kenya shilling dropped to its lowest level in valuation against the US dollar crossing the Ksh.105 mark on Thursday for the first time since Septe...
The Kenya shilling touched a five-month low in its trading against the US dollar on Tuesday as concerns on the impact of the coronavirus outbreak cont...
The Central Bank of Kenya (CBK) has expressed its intent of growing its usable foreign currency reserves above normal levels by buying US dollars from...
Analysts at Genghis Capital have raised fresh concerns on the volatility of the shilling should the National Treasury’s plan to stop taking up exter...
The Central Bank of Kenya (CBK) has retained the base lending rate at nine percent for the 16th consecutive month on the back of predictable inflation...
Nigeria's President Muhammadu Buhari has instructed the country's central bank to stop providing foreign currency for food imports, according to a sta...