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CBK Reveals Missing Ksh. 7.4 Billion in Ksh. 1000 Notes

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 2 October 2019.

On October 2, 2019, the Central Bank of Kenya (CBK) made a startling revelation about the country's currency circulation.

According to the CBK, Ksh. 1000 notes worth a staggering Ksh. 7.4 billion were not returned to the bank after the demonetization of the Ksh. 1000 note in 2019.

The CBK's announcement has sparked widespread interest and raised questions about the handling of the demonetization process.

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