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Money coming in from Kenyans living and working abroad dropped by Sh2.2 billion in April to total $208.2 million (Sh22.3 billion). This is compared to Sh24.5 billion received in March, according to the latest data from the Central Bank of Kenya (CBK).
It was the lowest monthly remittance since February last year when Kenyans overseas sent back home $199 million (Sh21.2 billion at today’s exchange rate).
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