The Morning Call
Many people in Kenya on Monday desperately rushed to swap old 1,000 shilling banknotes in an attempt to meet the Central Bank of Kenya’s final deadline. The Central Bank had declared Monday, September 30th as the last day on which all old local currencies must be exchanged for new ones.
The new edition of the 1,000 shilling banknote is the largest denomination of the country, rolled out in June. Failure to comply will only leave owners stuck with bundles of useless cash.
So how did that go on Monday? With us to weigh in on the topic is Vincent Kimosop, a Kenyan financial expert.
01:02
Pics of the day: May 2, 2024
01:02
Pics of the day: April 30, 2024
01:42
Kenya: Ruto visits flood survivors, residents of high risk zones ordered to evacuate
01:35
Withdrawal limits as Zimbabwe releases new currency
00:54
Kenya: Three confirmed dead in boat capsizing, dozens still missing
01:02
Pics of the day: April 29, 2024