2016-10-25

Banking Circular No 7 of 2008 - Revision of the CRR and the CBR

Following a Monetary Policy Committee meeting on 1st December 2008, the Central Bank of Kenya has revised the Cash Reserve Requirement (CRR) from 6% to 5%, and the Central Bank Rate (CBR) from 9% to 8.5%. These changes are immediate. Director, Banking Services Department.

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monetary
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deposits