Kenya has a scope to keep lowering policy rates according to the IMF's regional economic outlook report. The report noted that inflation has been on a decline towards a single digit. However tehre are calls for caution as such a move has potential to reignite inflation and put pressure on foreign exchange.
The Star (Nairobi)
Kenya: Policy Rates Lower According to Report
By Alice Wawerujoa, 22 October 2012Copyright © 2012 The Star. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.
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