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Kenya’s import cover hits a new low again

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The Central Bank of Kenya (CBK) in its weekly statistical bulletin says that reusable foreign exchange reserves are now at 3.94 months of import cover, slipping to a new low from last week’s 3.98. The value of usable foreign exchange has also contracted from Sh699 billion ($6.6 billion) in July to Sh650 billion ($6.1 billion)

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