Kenya's remittance inflows fell by 4.7% in June 2026, dropping to KSh 48.6 billion from KSh 51 billion in May 2026.The Central Bank of Kenya noted that this decline is mainly due to reduced inflows from key source countries, though specific nations weren't named.The 12-month cumulative remittances also fell by 2.4% to KSh 642.2 billion, compared to KSh 658 billion in the same period in 2025.

Despite this decline, remittances remain a critical source of foreign exchange for Kenya, often outperforming traditional exports like tea and horticulture.

The CBK emphasized that these transfers support the country's balance of payments and are sensitive to global economic conditions, exchange rates, and individual senders' financial situations.

The article also mentions the stability of the Kenyan shilling, attributed to robust foreign exchange reserves and inflows like the Safaricom divestiture, highlighting Kenya's economic resilience amid global challenges.