2016-07-13 | 1202985388

Banking Circular No 4 of 2011 - Revision of the Cash Reserve Requirement and the Central Bank Rate

The Monetary Policy Committee raised the Cash Reserve Requirement and Central Bank Rate, with changes taking effect immediately. The late repurchase agreement tenor will be reduced from seven to four days, and the rate will be 100 basis points below the early repo rate average. This announcement was made by the Bank of Kenya on June 2, 2011.

Kenya

Central Bank of Kenya

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