Kenyan remittances up 39 percent in 2011

NAIROBI | Mon Jan 30, 2012 2:11am EST

NAIROBI Jan 30 (Reuters) - Kenyans abroad sent home $85.2 million in December, the highest for any month in 2011, pushing remittances for the year to a record $891 million, up 39 percent from 2010, the central bank said on Monday.

Remittances are the fourth-largest source of foreign exchange in east Africa's biggest economy after revenue from tea, horticulture and tourism.

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here (Editing by David Clarke)
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