Remittances to Kenya jump to record high in March
NAIROBI (Reuters) – Kenyans abroad sent home $106. 2 million in March, the highest monthly amount since the central bank started releasing data on the flows in 2006, and 48 percent up from the same month last year. Remittances are one of the main sources of foreign exchange for east Africa’s biggest economy alongside tea, horticulture and tourism. The country got a record $891. 1 million in remittances for the whole of last year. . . .
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