04.08.2009 - Kenya’s July foreign exchange reserves fall 5.5 pct

From Bloomberg: Kenya’s foreign exchange reserves declined to $3.11 billion at the end of July from $3.29 billion a year earlier, the Central Bank of Kenya said. The drop cut the central bank’s reserves to the equivalent of 3.53 months of import cover from 4.57 months of imports a year earlier, the Nairobi-based bank said in an e-mailed report, dated July 31..........Full Article: Source

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