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The Standard e-Paper
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The Standard Group Plc is a
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influence in matters of national and international interest.
Central Bank of Kenya has reported a fall in foreign reserve from Sh871 billion ($8.50 billion] to Sh823 billion ($8.03 billion), a Sh50 billion drop from September 2018.
The reserve which is meant to cushion the economy in paying liabilities if need be, shrunk flooring the country’s import cover which according to CBK’s report is currently holding on at 5.3 months.
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