2011-09-15

Banking Circular No 10 of 2011 - Adjustment of the Central Bank Rate

The Central Bank of Kenya (CBU) increased the Central Bank rate from 6.25% to 7.00% on September 14th, 2011, following a decision by the Monetary Policy Committee at a special meeting. This adjustment took immediate effect. The change was announced by Jackson M. Kitili, Director of Banking Services, National Payments System, and Risk Management Department.

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monetary