Official foreign reserves at the Central Bank of Kenya have hit a new four-year high on new disbursements from the International Monetary Fund (IMF) and net dollar purchases by the apex bank.
Data from the CBK shows the forex cover rose by Sh95 billion to hit Sh1.204 trillion ($9.323 billion) as of Thursday last week from Sh1.109 trillion ($8.586 billion) the previous week.
