Kenya: Central Bank of Kenya Retains Key Lending Rate

20 January 2016

The Central Bank of Kenya (CBK) advisory committee on Wednesday voted to retain the benchmark lending rate at 11.5 per cent for the fifth time in a row in a move largely in line with market expectations.

In keeping flat the Central Bank Rate (CBR), the policy benchmark, the Monetary Policy Committee (MPC) cited a need to anchor inflation and ensure stability in the financial sector.

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