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2016-09-21

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Banking Circular No 5 of 2016 - Review of Central Bank Rate

On September 20th, 2016, the Monetary Policy Committee of Kenya's Central Bank reduced the Central Bank Rate (CBR) by 50 basis points, from 10.50% to 10.00%. As a result, borrowing from the Central Bank Window will be at an increased rate of 16.00%. This change takes immediate effect.

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