Cash sent home by Kenyans living and working in the US fell for three months in a row to June as inflation in America reached a 40-year high, squeezing households’ budget.
Remittances from the US fell from $213.81 million (Sh25.23 billion) in March to $210.81 million (Sh24.88 billion) a month later, $195.15 million (Sh23.03 billion) in May and $192.37 million (Sh22.70 billion) last month.
