Kenyans abroad sent home a record Kes. 28.4 billion ($263.1 million) in October this year, a 17.3% increase compared to the same period last year when inflows for the month stood at Kes. 22.4 billion ($224.3 million)
Data from the Central Bank of Kenya further indicate that cumulative inflows in 12 months ending October 2020 totaled Kes 324.6 billion outpacing last year’s performance when remittances amounted to Kes. 292.7 billion.
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