2016-07-13 | 122926105

Banking Circular No 1 of 2011 - Review of the Central Bank Rate

The Central Bank of Kenya has informed commercial banks of a downward review of the Central Bank Rate (CBR) by 25 basis points, from 6.00% to 5.75%, effective immediately. This decision was made by the Monetary Policy Committee at their meeting on January 27, 2011. The circular communicating this change was issued on January 28, 2011.

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monetary