US Remittance Dip Wipes Out Gains from Europe, Asia and Africa

Author: Constant MundaPublished on: October 18, 2026Country: Kenya

Business & Economy

US Remittance Dip Wipes Out Gains from Europe, Asia and Africa

Remittances sent to Kenya by citizens working abroad stalled in the nine months to September 2026. A double-digit decline in inflows from the United States nearly wiped out gains recorded in Europe, Asia and Africa. The fall in US remittances was the main factor behind the overall slowdown.

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