Kenya's forex reserves hit a record $15.4 billion, up $1.55B in one week, driven by Safaricom divestiture inflows, the Central Bank of Kenya says. Governor projects further upside from Nedbank's $855M local bank stake.
Kenya's foreign exchange reserves rose by a record $1.55 billion this week to reach an all-time high of $15.4 billion, the Central Bank of Kenya announced Friday, driven by capital inflows from the government's partial divestiture of Safaricom.
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