CBK keeps interest rate at 8.75pc amid steady inflation, exchange rate
The Monetary Policy Committee retained the Central Bank Rate at 8.75 percent during its meeting on Tuesday, saying the current rate was appropriate despite rising global economic risks...
✨ Key Highlights
The Central Bank of Kenya (CBK) has maintained its benchmark interest rate at 8.75 percent. This decision comes amid steady inflation and global economic uncertainties.
- Inflation in Kenya edged up slightly to 6.5 percent in July, primarily due to increased food prices.
- The Monetary Policy Committee (MPC) retained the Central Bank Rate (CBR) at 8.75 percent.
- Despite rising global risks, the CBK noted that Kenya’s economy grew by 5.3 percent in the first quarter of 2026.
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