Your old 1,000 notes will now become briquettes – CBK

Capital Business

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The pieces of Sh1,000 notes returned have been declared valueless and were already being shredded to make briquettes, he said/MOSES MUOKI NAIROBI, Kenya, Oct 2 – The Central Bank of Kenya on Wednesday announced it had received 209,661,000 pieces of the old Sh1,000 notes worth Sh209 billion by September 30 when the largest legal tender was rendered valueless and replaced with a new one. CBK Governor Patrick Njoroge told a news conference that some 7.4 million pieces worth Sh7.4 billion were never returned. Sections of the media had reported that...