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Diaspora remittances for September rise to Sh28.4b

Cash sent home by Kenyans living and working abroad rose 21.4 per cent in September, posting a continued recovery from the global economic fallout caused by coronavirus.

Central Bank of Kenya (CBK) data shows remittance inflows for September hit $260.7 million (Sh28.4 billion), pushed up mainly by Kenyans living in America. The 21.4 per cent rise is up from the $214.7 million (Sh23.4 billion) recorded in September last year.

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