Kenya’s foreign exchange reserves dip by Ksh16bn

PUBLISHED: Wed, 28 Jun 2017 14:37:12 GMT
Share

Kenya’s foreign exchange reserves have dipped by Ksh16bn driven by Central Bank efforts to control shilling depreciation and government payments. Elsewhere, Fitch Ratings has affirmed listed lender, Stanbic Bank Kenya at BB- with a negative outlook.

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.