Kenya’s official foreign reserves have fallen to Sh941.5 billion ($7.953 billion) in the week ended July 14, with the import cover dropping to the lowest level in a year at 4.59 months.
The reserves have declined by Sh102.3 billion from the week ended December 30 when they were recorded at Sh1.04 trillion ($8.817 billion) representing 5.39 months’ import cover.
