The Central Bank of Kenya (CBK) has remained tight-lipped on why there is a shortage of the new currency, which has left banks confused.
A number of bank officials, who spoke on anonymity citing CBK’s “heavy handedness” on the sector, said they started experiencing shortages from the second week after configuring their automated teller machines (ATMs). This has forced them to go back to the old currency notes that they have been mopping from the market.
