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TUKO.co.ke journalist Japhet Ruto has over eight years of experience in financial, business, and technology reporting, offering insights into Kenyan and global economic trends.
Kenya's foreign exchange reserves fell by USD 94 million in the week ending November 12, 2026, dropping from USD 14,699 million to USD 14,605 million, according to the Central Bank of Kenya's (CBK) weekly bulletin published on Friday, November 13.
Despite the decline, the reserves remained sufficient, covering 5.9 months of imports, well above the CBK's statutory threshold of at least four months of import cover.
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According to CBK, the shilling held steady against the US dollar throughout the review period, exchanging at KSh 129.96 per dollar on both November 5 and November 12, signalling broad stability against major international currencies.
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Performance within the East African Community (EAC) was mixed.
The shilling weakened against the Ugandan shilling, with the rate shifting from 31.62 to 31.47, indicating a marginal loss in relative value.
Against the Tanzanian shilling and the Rwandese franc, the Kenyan currency held its ground, with exchange rates unchanged at…
