2013-01-11

Banking Circular No 1 of 2013 - Review of the Central Bank Rate

The Central Bank of Kenya has announced a reduction in the Central Bank Rate (CBR) by 150 basis points, lowering it from 11.00% to 9.50%, following the Monetary Policy Committee's decision on January 10th, 2013. This change is immediate and will impact all Commercial Banks under its jurisdiction.

Kenya

Central Bank of Kenya

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