Kenyans kept billions at home during lockdown

Central Bank of Kenya (CBK). FILE PHOTO | NMG

The amount of cash in Kenyans’ pockets increased during the coronavirus lockdown in April and May, signalling most workers kept loads of money at home when a plunge in economic activity hit the flow.

Central Bank of Kenya (CBK) data shows that the cash circulating outside banks stood at Sh194.2 billion in April and Sh197.8 billion in May compared to Sh192.4 billion in January and Sh195.1 billion in February.

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