2016-10-21

Banking Circular No 5 of 2015 - Review of Central Bank Rate (CBR)

The Monetary Policy Committee of Kenya's Central Bank has decided to raise the Central Bank Rate (CBR) by 150 basis points, bringing it up to 10.00%. This adjustment will be implemented immediately. Subsequently, borrowing from the Central Bank Window is set at 16%. These actions are in response to recent policy decisions made during their meeting held on June 9th, 2015.

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monetary