In September 2011, the International Monetary Fund (IMF) projected that the year-on-year growth rate of the global economy would be 4.0 percent in both 2011 and 2012 and 4.5 percent in 2013.
These developments have significantly impacted on currency circulation patterns in the country making it inevitable for the Central Bank and commercial banks to review how these operations can be conducted cost effectively. Honourable Deputy Prime Minister, the Central Bank of Kenya in conjunction with the Kenya Bankers Association embarked on establishing Currency Centres two years ago.