Central Bank of Kenya (CBK) data shows remittance inflows for September hit $260.7 million (Sh28.4 billion), pushed up mainly by Kenyans living in America. The 21.4 per cent rise is up from the $214.7 million (Sh23.4 billion) recorded in September last year. The US remains the largest source of remittance inflows, recording a growth of 25.2 per cent in the year to September. However, remittance inflows in August fell slightly to Sh29.8 billion compared to Sh30 billion recorded in July. Kenyans working in the US are among essential service providers.

Source: Standard Digital October 26, 2020 06:22 UTC