The country’s biggest lenders have seen a sharp fall in income from foreign currency trading, highlighting the impact of a calmer exchange rate environment on a line of business that had flourished during earlier bouts of market turbulence.
In the nine months ended September 2025, Kenya’s top nine banks recorded a combined decline of Sh17.27 billion in foreign currency revenue to Sh38.67 billion, representing a 30.9 percent drop from Sh55.94 billion a year earlier.
