The total value of physical money circulating in the Kenyan economy rose by 5.6 percent in the year to June 2024, as citizens withdrew more money than they deposited, pointing to a growing demand and increased liquidity in the economy.
Latest disclosures from the Central Bank of Kenya—which issues the notes and coins—reveal that the total value of the currency in circulation hit Sh333.8 billion last June, up from Sh315.97 billion a year earlier.