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The Standard Group Plc is a
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Central Bank of Kenya has said that the forex reserves dropped in the first week of 2019 from Sh819 billion to Sh805 billion or 5.2 months of import cover as at January 4.
The drop has impacted the shilling at the market exchange against the dollar for Sh102.1 from Sh101.8 on new years’ eve due to demand for hard currencies from traders.
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