2008-06-16 | 1267503184

Banking Circular No 5 of 2008 - Revision of Central Bank Rate (CBR)

The Central Bank of Kenya has raised the central bank rate (CBR) from 8.75% to 9.00% effective June 6, 2008, following a review of recent economic and financial developments by the Monetary Policy Committee (MPC). The rate will remain in effect until further notice, while all other aspects of open market operations remain unchanged.

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monetary