Kenyan Central Bank Says Reserves Are Adequate, Rebuffing Deputy President – Bloomberg
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Kenya’s central bank moved to reassure investors that the country has ample foreign-exchange reserves, after the deputy president suggested the country is facing a currency crisis.
Deputy President Rigathi Gachagua said in an interview with Nairobi-based broadcaster Citizen TV on Sunday that the country may have insufficient reserves for oil importers to purchase fuel.
