Kenya's forex reserves near 2-year high amid stable shilling

NAIROBI, Oct. 4 (Xinhua) -- Kenya's foreign exchange reserves rose for the sixth straight week to hit a near two-year high of 8.19 billion U.S. dollars as of Thursday, the country's apex bank said in its weekly update of the financial markets on Friday.

The forex reserves have sustained an upward trajectory since the start of September, rising from 7.5 billion dollars, an equivalent of 3.9 months of imports, the