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Forex reserves at month's low amid dollar shortage

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Foreign exchange (forex) reserves dropped to $8.11 billion (Sh952.6 billion) on June 16, this year as the country paid some of its debts amid a dollar shortage crisis.

This was a drop of $96 million (Sh11.3 billion) and the lowest since March 31, this year according to data from the Central Bank of Kenya (CBK). On June 9, this year, the forex reserves stood at $8,210 million (Sh963.8 billion).

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