The United Kingdom tops the list of countries where cross-border financial outflows originate, accounting for 42% of tracked transactions.
This is followed by South Sudan and the United States, each at 15%, while Switzerland contributes 12%.
The Democratic Republic of Congo (8%), Tanzania (4%), and Germany (4%) also feature.
According to the Central Bank of Kenya, US dollars, euros, and pounds are the most commonly traded currencies in these outflows.
These trends highlight how deeply interconnected Kenya’s economy is with global financial systems.
Cross-border transfers can reflect a mix of remittances, investments, or illicit financial flows.
