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Originally published by Capital Business
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business
April 9, 2026
2h ago

CBK holds rate at 8.75pc amid Middle East conflict risks

CBK holds rate at 8.75pc amid Middle East conflict risks

The bank’s Monetary Policy Committee said the decision aims to anchor inflation expectations and maintain exchange rate stability amid pressure from higher global oil and fertiliser prices. Kenya breaking news | Kenya news today |..

✨ Key Highlights

The Central Bank of Kenya (CBK) has maintained its benchmark interest rate at 8.75 percent. This decision comes amidst escalating global risks, particularly those stemming from the ongoing conflict in the Middle East.

  • The Central Bank Rate (CBR) remains at 8.75%.
  • The decision was made by the Monetary Policy Committee (MPC) of the CBK.
  • Rising global oil and fertiliser prices, influenced by Middle East instability and disruptions to key trade routes, are key concerns.

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