Diaspora remittances are part of Kenya’s largest foreign exchange earner, largely contributing to the country’s forex reserves to stabilise the shilling.
Browsing: Diaspora remittances
The US remains the largest source of remittances into
Kenya, accounting for 62 percent in April 2022.
Diaspora remittances in the first quarter of 2022 grew by 23.5 percent to Ksh.118.4 billion ($1.024 billion) according to the…
Diaspora Remittances to Kenya totaled $321.5 million (KSh36.6 billion) in February, 5.1 percent lower compared to $338.7 million (KSh38.3 billion)…
Kenya, East Africa’s largest recipient of remittances, received USD 3,718 million (Ksh.421.6 billion) in 2021 with the United States being…
Kenyans in the diaspora sent home Ksh.36.1 billion ($320.1 million) in November, a 24.2 per cent higher than the same…