Silver, platinum to form part of CBK vault reserves under new proposal

Central Bank Governor Dr Kamau Thugge.

Photo credit: File | Nation Media Group

The Central Bank of Kenya (CBK) will add platinum and silver to its reserves as it looks to diversify from foreign currency and gold, which is the only commodity in its vaults.

The Central Bank of Kenya (Amendment) Bill, 2026, sponsored by the Finance and National Planning Committee Chairperson Kuria Kimani has proposed to allow the apex bank to accumulate other precious metals beyond the gold bullion.

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