Nairobi, Dec. 1 -- The country's biggest lenders have seen a sharp fall in income from foreign currency trading, highlighting the impact of a calmer exchange rate environment on a line of business that had flourished during earlier bouts of market turbulence.

In the nine months ended September 2025, Kenya's top nine banks recorded a combined decline of Sh17.27 billion in foreign currency revenue to Sh38.67 billion, representing a 30.9 percent drop from Sh55.94 billion a year earlier.

The contraction in forex income across all top banks reflects subdued activity in currency markets after the shilling's recovery and prolonged stability against the US dollar compared with the volatility seen previously.

Read:Global analysts see shilling w...