Money outside banks increases by Sh34 billion

Central Bank of Kenya building in Nairobi. FILE PHOTO | NMG

The value of currency circulating outside banks rose by Sh33.9 billion in two months to November, touching a five-month high after the end of Central Bank of Kenya (CBK) demonetisation process in September.

Fresh data from CBK shows currency outside banks rose from Sh157.7 billion in September to Sh191.6 billion in November.

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