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2011-09-15 | 946812491

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

The Monetary Policy Committee adjusted the Central Bank rate from 6.25% to 7.00% on September 14, 2011, with immediate effect. This decision was communicated to all chief executives of commercial banks by the Bank of Kenya in a banking circular. The circular was issued by the Director of Banking Services, National Payments System, and Risk Management Department.

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