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Kenya’s forex reserves surge to a record $14.02 billion
Foreign Exchange Reserves in Kenya increased to 11737.70 Million USD in February from 11387.20 Million USD in January of 2019.
Kenya’s forex reserves have surged to a record $14.02 billion, offering a six-month import cushion as the country prepares for economic shocks from rising oil prices and Iran war disruptions, according to figures by the Central Bank of Kenya (CBK).
As of March 2026, Kenya’s foreign exchange reserves have hit a record high of approximately $14.6 billion (over Sh1.9 trillion), significantly boosting import cover to over 6 months. This surge, driven by recent Eurobond inflows, strengthens the Central Bank’s ability to support the shilling and handle external debt obligations, notes Xinhua