On May 8, 2025, the Kenya Shilling saw a slight appreciation, trading at KSh 129.27 per US dollar, according to data from the Central Bank of Kenya (CBK). This is a marginal improvement from KSh 129.34 recorded on April 30. The local currency maintained its stability against other major international and regional currencies as well.

Kenya's usable foreign exchange reserves have risen to USD 10.29 billion, which is approximately KSh 1.33 trillion. This reserve is equivalent to 4.6 months of import cover, exceeding the CBK’s statutory requirement of maintaining at least four months' worth of import cover. The Central Bank of Kenya has been actively increasing its forex reserves in recent months, strengthening the country's resilience against potential external economic shocks.

In other economic indicators, Kenya’s economic growth experienced a slowdown in 2024, registering at 4.7% compared to 5.7% in 2023. This deceleration was primarily attributed to contractions in key sectors such as construction, mining, and quarrying. Most industries experienced a general slowdown, with growth being sustained mainly in manufacturing, wholesale and retail trade, public administration, education, health, and taxes on products.

The agricultural sector also saw a decrease in growth, recording 4.6% in 2024, down from 6.6% in 2023. While there was increased production in sugarcane, tea, and coffee, this was offset by lower yields in maize and potato crops. The services sector showed relative strength, expanding by 6.0%, although this was slower than the 7.0% growth recorded in 2023. Key contributors to the services sector included financial services, transport, real estate, ICT, and trade.

Industrial growth experienced a sharp decline, dropping to 0.8% from 2.0%, primarily due to declines in construction and extractive industries during 2024.