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The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
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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