CBK holds benchmark rate at 8.75% to anchor inflation

CBK Releases Lending Rate Affecting All Loans

The Central Bank of Kenya (CBK) has decided to maintain the benchmark lending rate at 8.75 per cent, offering potential relief for borrowers amidst global economic uncertainties.

Banks urge CBK to hold rate at 8.75pc over global risks

The Kenya Bankers Association (KBA) is urging the Central Bank of Kenya (CBK) to maintain the benchmark policy rate at 8.75 percent due to escalating global risks.

Bankers Issue Warning to CBK Over Loans

The Kenya Bankers Association (KBA) is urging the Central Bank of Kenya (CBK) to maintain the benchmark policy rate at 8.75 per cent ahead of tomorrow's Monetary Policy Committee (MPC) meeting.

As Kenya braces for Iran war fallout, CBK forex reserves hit Sh1.82t

Kenya's foreign exchange reserves have reached a record high of $14.02 billion (Sh1.82 trillion), offering a crucial buffer as potential global oil shocks loom due to the escalating Iran war.

CBK forex reserves hit Sh1.82t as Kenya braces for Iran war fallout

Kenya's foreign exchange reserves have reached a record high, reaching $14.02 billion (Sh1.82 trillion), offering six months of import cover.