Coins return to the market as broke Kenyans face tougher times
Central Bank of Kenya data shows the value of coins in circulation hit a record high of Sh10.15 billion in the year to June, a 4.1 per cent increase from Sh9.75 billion last year.
Coins circulation rose fastest in four years in the 12 months to June this year, fuelled by a heightened financial squeeze that has seen more Kenyans turn to low-value currencies to pay for goods and services.
Central Bank of Kenya (CBK) data shows the value of coins in circulation hit a record high of Sh10.15 billion in the year to June, a 4.1 per cent increase from Sh9.75 billion last year.