Kenya’s official foreign currency reserves have fallen by $621 million (Sh70 billion) since the beginning of the year, largely due to repayments of loans from China for the construction of the standard gauge railway.
The hard currency reserves, held by the Central Bank of Kenya (CBK), shrunk from $8.817 billion (Sh1.001 trillion) at the beginning of January to $8.196 billion (Sh931.3 billion) on February 10.
