Home Business CBK defends quality of Sh50 banknotes

CBK defends quality of Sh50 banknotes

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Business Daily | by Lynet Igadwah


Central Bank of Kenya governor Patrick Njoroge has defended the quality of the new generation Sh50 notes amid complaints that they are wearing out too fast.

Dr Njoroge said the recovery rate of the banknotes — the proportion of clean notes pushed back into the economy after filtering out dirty ones from consignments received from banks — is within normal limits…

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