According to Business Daily and data from the Central Bank of Kenya, Kenyans living abroad remitted a mind boggling Kshs 22 billion (US$ 331,794,996.96 to be exact) in the first half of 2008, a 28% increase over the same period last year. This buoyed the value of the shilling against dollar when the lift was needed most following the election crisis at the end of last year.
Filed under: Business News | Tagged: kenyans in the diaspora, remittances
