International Reserves in Kenya

Kenya International Reserves | Economic News & Forecasts

Kenya - International Reserves

The economy will have deteriorated further in the second quarter after growth slumped to a two-and-a-half-year low in the first quarter as strict social distancing measures and widespread travel restrictions undermined the services, tourism and transportation sectors. Merchandise exports dived at the sharpest pace in nearly a year in April, and likely shrank further in May–June amid eviscerated foreign demand. Moreover, containment measures likely curbed household spending and investment activity in Q2, with a weaker shilling further exacerbating the downturn. Against this backdrop, on 14 July, S&P Global Ratings revised the outlook of Kenya’s B2 credit rating to negative from stable, citing concerns over rising fiscal deficits and worrying government and external debt metrics. That said, the PMI bounced back in June, signaling more upbeat conditions in Q3.

Kenya - International Reserves Data

2015   2016   2017   2018   2019  
International Reserves (USD)7.5  7.6  7.3  8.2  9.1  

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Kenya International Reserves Chart

Kenya International Reserves
Note: International reserves, months of imports.
Source: Central Bank of Kenya

Kenya Facts

Value Change Date
Bond Yield12.200.0 %Dec 31
Exchange Rate101.40.05 %Jan 01
Stock Market0.40.0 %Jan 07

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