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Dar, Nairobi lead in foreign reserves in EAC

Published on January 09, 2018

Tanzania and Kenya have recorded high foreign exchange reserve that could cover almost 6.0 months of imports. The gross foreign reserves also comprise of projects and various other services from abroad.

According to the report released by Tanzania Minister for Finance and Planning, Dr Philip Mpango last week and the report released by Kenyan Central Bank (CBK) Governor, Dr Patrick Njoroge the two countries lead in foreign exchange reserve in the East African region. Read more. Source | Daily News