2012-11-08

Banking Circular No 10 of 2012 - Review of the Central Bank Rate

The Central Bank of Kenya's Monetary Policy Committee, at a meeting held on November 7th, 2012, reduced the Central Bank Rate (CBR) by 200 basis points from 13.00% to 11.00%. As a result, the Discount Window Rate was lowered from 19.00% to 17.00%. This change is effective immediately.

Kenya

Central Bank of Kenya

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