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Kenya's forex reserves hit six-month low as shilling falls

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 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 the present level, a decline of 214 million dollars during the period.

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