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Originally published by Capital Business
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business
March 23, 2026
3h ago

Kenya remittances drop Sh21.6bn in March

Kenya remittances drop Sh21.6bn in March

The inflows stood at Sh1.85 trillion last week, down from Sh1.87 trillion recorded in a similar period in February. Kenya breaking news | Kenya news today |..

✨ Key Highlights

Money sent home by Kenyans abroad experienced a significant drop of Sh21.6 billion as of March 16, 2026, according to new data released by the Central Bank of Kenya (CBK).

  • Remittance inflows stood at Sh1.85 trillion, a decrease from Sh1.87 trillion in the same period last year.
  • The Central Bank of Kenya (CBK), indicated that foreign exchange reserves remain stable at USD 14,294 million (6.1 months of import cover).
  • Recent support for reserves comes from a Eurobond issuance, which raised approximately Sh290.3 billion in February.

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