‘Poverty’ to blame for worn out bank notes, says senator

Central Bank of Kenya Governor Patrick Njoroge briefs the media on the new currencies notes, June 3, 2019. [David Gichuru, Standard]

The Central Bank of Kenya (CBK) has blamed “bad handling habits of notes” for worn-out new-generation currency notes in the market.

Appearing before the Senate Committee on Finance and Planning on the quality of new-generation notes, CBK Governor Patrick Njoroge reaffirmed his confidence in the new currency, which he said is “technically superior” to the old ones.