2016-08-12

Banking Circular No 2 of 2016 - Review of Central Bank Rate (CBR)

On May 24, 2016, the Central Bank of Kenya's Monetary Policy Committee (MPC) reduced the Central Bank Rate (CBR) by 100 basis points to 10.50% from 11.50%. This adjustment took immediate effect and subsequently, overnight borrowing from the Central Bank of Kenya Overnight Window would be at 16.50%.

Kenya

Central Bank of Kenya

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