Kenyan Remittances Rose 13% in September, Bank Says
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Kenyans living abroad sent home 13 percent more funds in September than a month earlier, the Central Bank of Kenya said.
Remittances totaled $58.6 million compared with $52 million a month earlier, research director Charles Koori said in a statement on the bank’s website today in Nairobi, the capital. Cumulative remittances during the nine months through September climbed 22 percent to $461.4 million from a year earlier, he said.