2012-11-08

Banking Circular No 10 of 2012 - Review of the Central Bank Rate

The Central Bank of Kenya has informed Commercial Banks that the Monetary Policy Committee (MPC) reviewed the CBR downwards by 200 basis points, decreasing it from 13.00% to 11.00%. Consequently, the Discount Window Rate was also lowered from 19.00% to 17.00%. These changes will take immediate effect.

Kenya

Central Bank of Kenya

Show thumbnail