Currency return order netted Sh64b, says CBK

There were about 209 million pieces of the old Sh1,000 banknotes when the demonitisation process began. [David Gichuru, Standard]

Kenyans returned Sh28.5 billion of the old Sh1,000 notes in the last month of demonetisation process deadline, according to new official data.

By the time the process came to a close on September 30, Central Bank of Kenya (CBK) data released yesterday showed, about Sh64 billion worth of the old notes were reintroduced to the formal banking system.