The UK has overtaken Saudi Arabia to become the fastest-growing source of diaspora dollar flows into Kenya among the top global markets for remittances on the back of easing inflation pressures, the latest official data shows.
Kenyans working and living in the UK wired home nearly $112.40 million (about Sh14.95 billion under current conversion rates) in the first three months of the year, according to data tracked by the Central Bank of Kenya, a jump of 42.57 percent over $78.83 million (Sh10.48 billion ) in the same period last year.
