Kenya’s forex reserves drop to 3-month low

PUBLISHED: Thu, 13 Jul 2017 14:31:35 GMT
Share

Kenya’s foreign exchange reserves dipped to a three-month low of $7.92 billion as government payments and rise in food imports continue to put pressure on the shilling.

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.