Australia has emerged as the fastest-growing source of diaspora remittance flows in the half-year period ended June amongst top sources, official data shows, overtaking Saudi Arabia.
This came in a period when Kenyans living abroad wired home $2.38 billion (about Sh311.83 billion under prevailing conversion rate of Sh131.05 per US dollar), a 16.99 percent rise over $2.033 billion (about Sh266.53 billion).
