Kenya’s central bank cuts key lending rate

Kenya’s central bank cut its key lending rate as East Africa’s largest economy continued a policy-loosening cycle to boost ...

Kenya Central Bank cuts main lending rate for the 10th consecutive time

NAIROBI, Feb 10 (Reuters) - Kenya's central bank on Tuesday reduced its benchmark lending rate to 8.75% from 9.00%, its Monetary Policy Committee (MPC) said, marking the 10th straight rate cut to ...

Kenya central bank cuts its benchmark rate for the 10th straight time

By George Obulutsa NAIROBI, Feb 10 (Reuters) - Kenya's central bank on Tuesday reduced its benchmark lending rate its ...
Business Daily Africa

Banks call for CBK rate pause amid changes in loan pricing

The CBK has cut the benchmark rate in nine-consecutive meetings since August 2024, as it aimed to revitalise lending to households and businesses, after putting brakes on high inflation and exchange ...