The value of cash circulating outside the banking system rebounded in February to a record high of Sh231.37 billion on increased recovery optimism at the start of the year.
Fresh data by the Central Bank of Kenya (CBK) shows that the value of currency outside the banking system — which is an indicator of the prevailing economic activity — has continued to defy Covid-19 economic hardships to grow by two percent in February from Sh226.7 billion in January.
