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2011-03-23

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Banking Circular No 2 of 2011 - Review of the Central Bank Rate

The Central Bank of Kenya has increased the Central Bank Rate (CBR) from 5.75% to 6.00% following a review by the Monetary Policy Committee on March 22, 2011. This change is effective immediately. Jackson M. Kit, Director of Banking Services, National Payment Systems, and Risk Management, oversees this decision.

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