Why Kenya’s foreign-currency deposits have climbed to Sh1.52 trillion

TechTrendsKE · 27/10/2026, 08:13:27

Kenya’s foreign-currency deposits have climbed to Sh1.52 trillion as businesses and wealthy households build financial buffers against economic uncertainty, protect purchasing power and prepare for foreign-currency payments. The deposits, held in currencies including the US dollar, euro and British pound, increased by Sh240.57 billion over the past year, marking one of the largest annual increases … The post Why Kenya’s foreign-currency deposits have climbed to Sh1.52 trillion appeared first on TechTrendsKE .