Diaspora inflows to stabilise currency as US economy grows

High returns in local market seen attracting Kenyans to send money home. FILE PHOTO | NMG

Dollar flows from Kenyans living abroad are expected to continue helping the shilling maintain its relative stability this year, analysts citing stronger growth outlook in the US say.

The US economy is seen gaining further momentum on favourable policies including prospects of tax cuts in 2018.

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Note: The results are not exact but very close to the actual.