Money sent home from Kenyans living abroad increased 33 percent to $70.1 million in April from the year earlier as the economic recovery continued in Europe and North America, the central bank said.
Remittances to the East African nation surged to $266.5 million in the first four months of the year, compared with $196.5 million in the year-earlier period, the Nairobi-based Central Bank of Kenya said in a statement on its website today.
Kenya relied on North America for 56 percent of its remittances in April and Europe for 26 percent, it said.
- Advertisement -
