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HomeJuly diaspora remittances top Ksh 38B

July diaspora remittances top Ksh 38B

Remittance inflows from Kenyans living abroad have fallen marginally to reach Ksh 38 billion ($319.40 million) in the month of July according to latest data from the Central Bank of Kenya (CBK).

The inflows for July were however lowered compared to Ksh 38.8 billion ($326.06 million) recorded in the month of June.

According to CBK, year-on-year diaspora remittances also fell by 5.1pc when compared to $336.7 million the country netted during the same month last year.

Cumulative inflows for…

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