Diaspora remittances increase by Sh15bn in nine months

Cash wired home by Kenyans living and working abroad grew by Sh15 billion during the nine months ended September to $3.774 billion (Sh488.5 billion), a 3.2 percent rise from the $3.658 billion (Sh473.5 billion) recorded in a similar period last year.

New data from the Central Bank of Kenya shows that Kenyans in the diaspora sent home $419.6 million (Sh54.3 billion) in September, adding to the cumulative $3.355 billion

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