FEDHA🇰🇪PULSE; Stay Informed!
FEDHA🇰🇪PULSE; Stay Informed!
February 17, 2025 at 10:33 AM
*Kenyans Abroad Send KSh 55.2B Home in January 2025* Kenyans in the diaspora sent KSh 55.2 billion ($427.4M) in remittances in January 2025, a 3.6% increase from the same period in 2024. 🔹 CBK Forex Reserves grew to $9.4B (KSh 1.2T), strengthening the shilling. 🔹 Kenya Shilling Stability – trading at KSh 129.21 per USD in February. 🔹 US remains top source of remittances at 53.2%. CBK Governor Kamau Thugge says forex reserves support 4.8 months of import cover, ensuring currency stability.

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