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2016-10-21 | 400377500

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Banking Circular No 5 of 2015 - Review of Central Bank Rate (CBR)

The Central Bank of Kenya raised the Central Bank Rate by 150 basis points to 10.00% during a Monetary Policy Committee meeting on June 9, 2015. The new rate took effect immediately, and borrowing from the Central Bank Window will be at 16%. This announcement was communicated to all chief executives of commercial banks in Kenya.

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