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2016-09-21 | 1430319981

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

The Central Bank of Kenya's Monetary Policy Committee reviewed and lowered the Central Bank Rate by 50 basis points to 10.00% from 10.50% at its meeting on September 20, 2016. This change took immediate effect, and as a result, borrowing from the Central Bank Window will be at a rate of 16.00%.

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