2011-09-15

Banking Circular No 10 of 2011 - Adjustment of the Central Bank Rate

The Monetary Policy Committee adjusted the Central Bank rate from 6.25% to 7.00%, following a Special Meeting held on September 14th, 2011. This change took immediate effect and was announced by Jackson M. Kitili, Director of Banking Services, National Payments System, and Risk Management Department at the time.

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monetary