Cash from Kenyans in America hits historic high

Cash sent home by Kenyans living in North America hit a historic high of Sh15.7 billion ($145.95 million) in May, defying the tough economic situation facing workers in the region since the Covid-19 pandemic struck.

Data from the Central Bank of Kenya (CBK) shows the remittances from the region, which includes Canada, the United States and Mexico, rose by Sh2.5 billion or 19.6 percent from Sh12.76 billion ($118.71 million) in April.