Search option is now available at TUKO! Feel free to search the content on topics/people you enjoy reading about in the top right corner ;)
TUKO.co.ke journalist Japhet Ruto has over eight years of experience in financial, business, and technology reporting, offering insights into Kenyan and global economic trends.
Kenya recorded a decline in diaspora remittances in October 2026, with inflows dropping to KSh 55.95 billion (USD 430.5 million), down from KSh 57.03 billion (USD 438.8 million) in October 2025, a decrease of 1.9%.
The figures, released by the Central Bank of Kenya (CBK), also showed that cumulative remittance inflows over the 12 months to October 2026 fell by 1.1% to KSh 652.79 billion (USD 5,023 million), compared with KSh 660.46 billion (USD 5,082 million) recorded over the same period in 2025.
How Kenyan shilling is performing against EAC currencies after KSh 12b decline in forex reserves
Money sent to Kenya from the US and other countries has been declining.
Search option is now available at TUKO! Feel free to search the content on topics/people you enjoy reading about in the top right corner ;)
Despite the decline, the CBK noted that remittances continue to serve as a critical pillar of Kenya's foreign exchange earnings and play a stabilising role in the country's balance of payments.
