Kenya: Hope of Cheaper Credit As CBK Rate Eases
Capital FM (Nairobi), 10 January 2013
There is now more hope of cheaper credit for borrowers after the Central Bank Monitory Policy Committee (MPC) on Thursday lowered the bank's lending rate to 9.5 percent from 11 percent, citing low inflation and stable exchange rate.
Kenya: Hope of Cheaper Credit As CBK Rate Eases
Capital FM (Nairobi), 10 January 2013
There is now more hope of cheaper credit for borrowers after the Central Bank Monitory Policy Committee (MPC) on Thursday lowered the bank's lending rate to 9.5 percent from 11 percent, citing low inflation and stable exchange rate.
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