×
App Icon
The Standard e-Paper
Join Thousands Daily
★★★★ - on Play Store
Read on the App

Cash in bank tills drop by Sh10 billion

Banknotes. [Wilberforce Okwiri, Standard]

Cash in the tills of banks reduced by Sh9.7 billion in January this year, an indicator that individuals and traders were withdrawing more money to be used to fund activities in the economy.

Data from the Central Bank of Kenya (CBK) shows that cash in the tills of banks reduced by 17 per cent, from Sh56.8 billion in December last year to Sh47.1 billion in January 2021.

Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in