The old legal tender of Kes. 1,000 becomes defective in just ten days. Central Bank of Kenya issued a new legal tender for the which the Kes 1,000 has been the first
CBK Governor Patrick Njoroge had said that his team has since reached the conclusion that the Kes. 1,000 notes were being used for illicit financial flows in the country and region hence warranted the change for tender.
ADVERTISEMENT
