Wealthy Kenyans and rich companies stockpiled a record Sh137.38 billion in dollars over the 11 months to February as they sought safety for their savings in the wake of the coronavirus economic fallout.
Central Bank of Kenya (CBK) data shows that foreign currency bank deposits held by Kenyans hit a historic high of Sh779.53 billion in February, up from Sh625.9 billion in March last year -- the largest annual jump.
