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Why CBK wants you to change thousands by Oct 1

President Uhuru Kenyatta and CBK Governor Patrick Njoroge (PHOTO: Courtesy)

NAIROBI, KENYA: The Central Bank of Kenya (CBK) on Monday revealed the reasoning behind withdrawing Sh1000 notes by October 1.

Responding to people who wanted the order to be implemented immediately, CBK Governor Patrick Njoroge said the bank acted with a lot of consideration on the impact an immediate ban would have on the majority of Kenyans, especially those living in remote parts of the country.

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