Regulatory Alerts2011-08-12 | 1895422825Added · Updated
Banking Circular No 8 of 2011 - Guidelines on the Use of the Central Bank of Kenya Discount (Overnight) Window
The circular outlines guidelines for commercial banks regarding the Central Bank of Kenya Discount (Overnight) Window, including restrictions on interbank lending and borrowing, interest rates, and eligibility. It supersedes previous circulars and takes effect on August 15, 2011, with the aim to address issues in the foreign exchange market and the link between interest rates and exchange rates.
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