2013-05-08 | 1585866487

Banking Circular No 3 of 2013 - Review of the Central Bank Rate (CBR)

The Central Bank of Kenya has informed commercial banks that the Monetary Policy Committee has lowered the Central Bank Rate by 100 basis points to 8.50%. This change is effective immediately and was communicated to all chief executives of commercial banks.

Central Bank of Kenya logo

Kenya

Central Bank of Kenya

Click to view full text