A higher reserve level is widely viewed as a sign of improved external liquidity and stronger ability to absorb volatility in global financial markets.

A higher reserve level is widely viewed as a sign of improved external liquidity and stronger ability to absorb volatility in global financial markets.

Kenya's foreign exchange reserves surged to a record $15.4 billion (Sh1.99 trillion) in the week ended July 30, providing the country with 6.4 months of import cover, the apex…