{"id":18095,"date":"2020-11-24T20:37:49","date_gmt":"2020-11-24T20:37:49","guid":{"rendered":"https:\/\/www.africa-press.com\/kenya\/?p=18095"},"modified":"2020-11-24T20:37:49","modified_gmt":"2020-11-24T20:37:49","slug":"kenyas-forex-reserves-hit-six-month-low-as-shilling-falls","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls","title":{"rendered":"Kenya&#8217;s forex reserves hit six-month low as shilling falls"},"content":{"rendered":"<p><strong>Author:\u00a0XINHUA<\/strong><br \/>\n<strong>AfricaPress-Kenya:<\/strong> Kenya&#8217;s foreign exchange reserves fell to a six-month low of 8.6 trillion shillings (about 7.93 billion U.S. dollars) on Friday in a week the local currency declined considerably against the greenback.<\/p>\n<p>The Central Bank of Kenya in its weekly update said that the reserves fell from 8.14 billion dollars on Nov. 12 to the present level, a decline of 214 million dollars during the period.<\/p>\n<p>The new dollar reserve position covers 4.87 months of import cover, down from 4.94 months of import cover. The last time the forex reserves stood at such a low was on May 20.<\/p>\n<p>During the week, the shilling declined against the dollar to hit an all-time low of 109.50.<\/p>\n<p>The apex bank is said to have sold an unspecified amount of dollars to prop up the currency to a level that does not destabilize the markets.<\/p>\n<p>Despite the considerable fall, the bank said the usable foreign exchange reserves remained adequate to cover imports.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Author:\u00a0XINHUA AfricaPress-Kenya: Kenya&#8217;s foreign exchange reserves fell to a six-month low of 8.6 trillion shillings (about 7.93 billion U.S. dollars) on Friday in a week the local currency declined considerably against the greenback. The Central Bank of Kenya in its weekly update said that the reserves fell from 8.14 billion dollars on Nov. 12 to [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":18089,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[2887,2886,6612],"class_list":["post-18095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-foreign-exchange","tag-forex","tag-shilling"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Kenya&#039;s forex reserves hit six-month low as shilling falls - kenya<\/title>\n<meta name=\"description\" content=\"Kenya&#039;s foreign exchange reserves fell to a six-month low of 8.6 trillion shillings (about 7.93 billion U.S. dollars) on Friday in a week the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kenya&#039;s forex reserves hit six-month low as shilling falls\" \/>\n<meta property=\"og:description\" content=\"Kenya&#039;s foreign exchange reserves fell to a six-month low of 8.6 trillion shillings (about 7.93 billion U.S. dollars) on Friday in a week the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-24T20:37:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kenyas_forex_reserv5fbcd63007b65.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"635\" \/>\n\t<meta property=\"og:image:height\" content=\"475\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Kenya&#8217;s forex reserves hit six-month low as shilling falls\",\"datePublished\":\"2020-11-24T20:37:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls\"},\"wordCount\":164,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kenyas_forex_reserv5fbcd63007b65.jpg\",\"keywords\":[\"Foreign exchange\",\"Forex\",\"Shilling\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls\",\"name\":\"Kenya's forex reserves hit six-month low as shilling falls - kenya\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kenyas_forex_reserv5fbcd63007b65.jpg\",\"datePublished\":\"2020-11-24T20:37:49+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Kenya's foreign exchange reserves fell to a six-month low of 8.6 trillion shillings (about 7.93 billion U.S. dollars) on Friday in a week the\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kenyas_forex_reserv5fbcd63007b65.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kenyas_forex_reserv5fbcd63007b65.jpg\",\"width\":635,\"height\":475},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/kenya\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Kenya&#8217;s forex reserves hit six-month low as shilling falls\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#website\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/\",\"name\":\"kenya\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/kenya\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Kenya's forex reserves hit six-month low as shilling falls - kenya","description":"Kenya's foreign exchange reserves fell to a six-month low of 8.6 trillion shillings (about 7.93 billion U.S. dollars) on Friday in a week the","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls","og_locale":"en_US","og_type":"article","og_title":"Kenya's forex reserves hit six-month low as shilling falls","og_description":"Kenya's foreign exchange reserves fell to a six-month low of 8.6 trillion shillings (about 7.93 billion U.S. dollars) on Friday in a week the","og_url":"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls","og_site_name":"kenya","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2020-11-24T20:37:49+00:00","og_image":[{"width":635,"height":475,"url":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kenyas_forex_reserv5fbcd63007b65.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Kenya&#8217;s forex reserves hit six-month low as shilling falls","datePublished":"2020-11-24T20:37:49+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls"},"wordCount":164,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kenyas_forex_reserv5fbcd63007b65.jpg","keywords":["Foreign exchange","Forex","Shilling"],"articleSection":["all news","economy","homepage-english"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls","url":"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls","name":"Kenya's forex reserves hit six-month low as shilling falls - kenya","isPartOf":{"@id":"https:\/\/www.africa-press.net\/kenya\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kenyas_forex_reserv5fbcd63007b65.jpg","datePublished":"2020-11-24T20:37:49+00:00","author":{"@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Kenya's foreign exchange reserves fell to a six-month low of 8.6 trillion shillings (about 7.93 billion U.S. dollars) on Friday in a week the","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls#primaryimage","url":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kenyas_forex_reserv5fbcd63007b65.jpg","contentUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/kenyas_forex_reserv5fbcd63007b65.jpg","width":635,"height":475},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/kenya\/economy\/kenyas-forex-reserves-hit-six-month-low-as-shilling-falls#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/kenya\/"},{"@type":"ListItem","position":2,"name":"Kenya&#8217;s forex reserves hit six-month low as shilling falls"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/kenya\/#website","url":"https:\/\/www.africa-press.net\/kenya\/","name":"kenya","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/kenya\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts\/18095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/comments?post=18095"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts\/18095\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/media\/18089"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/media?parent=18095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/categories?post=18095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/tags?post=18095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}