Cash outside of banks rose to an all-time high of Sh282.1 billion in December last year pointing to increased liquidity in the economy during a period, which also saw State Corporations substantially reduce their arrears to suppliers and contractors.
The value of bank notes and coins in circulation in the review period surpassed the previous record of Sh273.4 billion in July 2023, data from the Central Bank of Kenya (CBK) shows.
