Money circulation hits Sh238bn on recovery

The Central bank of Kenya, Nairobi on Sunday, November 22, 2020. PHOTO | DENNIS ONSONGO | NMG

Cash circulating outside the banking system rose by Sh2.8 billion to Sh238.6 billion last November, a month after the night curfew was lifted, bringing the night economy back to life after 19 months of restrictions.

The latest data published by the Central Bank of Kenya (CBK) shows that the metric, which is a blunt measure of the economic health of a country, rose to a four-month high from Sh235.8 billion in October.

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Note: The results are not exact but very close to the actual.