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Originally published by Kenyanstop
March 14, 2026
1w ago
Kenyan Shilling Slips Marginally as Diaspora Remittances Surge

Concerns of higher living costs have emerged, with fuel prices more than expected to rise as supply chains are disrupted globally by the war in Iran...
✨ Key Highlights
The Kenyan Shilling experienced a slight depreciation against the US Dollar in the week ending March 12, despite a notable increase in diaspora remittances for February.
- Diasporan remittances reached Ksh 53.4 billion (USD 412.7 million) in February 2026, breaking a three-month trend of year-on-year declines.
- The Central Bank of Kenya reported the shilling trading at Ksh 129.30 per dollar, a marginal slip from Ksh 129.20 a week prior.
- Remittance inflows remain a crucial support for Kenya's foreign exchange earnings and balance of payments, according to the CBK.
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