CBK sees rebound in imports on stable exchange rate

Central Bank of Kenya (CBK) Governor Kamau Thugge.  

Photo credit: File | Nation Media Group

The Central Bank of Kenya (CBK) has projected a rebound in imports this year, as the exchange rate and dollar availability mark a significant improvement from last year.

A jump in imports is expected to put the local currency under renewed pressure, especially if exports and remittances don't expand substantially.

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