Kenya: Relief as Bank Rate Drops

The Central Bank has lowered the lending rate from 18 to 16,5 percent, citing a drop in inflation and a successful policy stance.


  • Kenya:  Central Bank Expected to Cut Interest Rates

    The Star, 5 July 2012

    Bankers expect the Central Bank of Kenya to start easing interest rates starting with today's Monetary Policy Committee. Core inflation, which excludes food and fuel, had been ... read more »

  • Kenya:  Central Bank Downplays Barclays Scandal

    The Star, 5 July 2012

    THE Central Bank of Kenya has downplayed fears that Barclays Bank Kenya will be impacted by a damning interest rate-rigging scandal that has hit its parent company in the United ... read more »

  • Kenya:  World Bank Lauds Kenya's Economic and Governance Reforms

    The Star, 3 July 2012

    Kenya has improved the policy environment for poverty reduction, according to an assessment released by the World Bank yesterday. read more »

  • Kenya:  Lack of Credit Hits Kenya's GDP Growth

    The Star, 2 July 2012

    Kenya's Gross Domestic Product in the first quarter of 2012 dropped to 3.5 per cent compared to a similar period last year when it recorded a 5.1 per cent, and the lowest posted ... read more »

Kenyan shilling.