Kenya Holds Rates at 13% on Easing Inflation

The Central Bank of Kenya (CBK) held itsĀ interest rate at 13%, citing the easing of Inflation and the appreciation of the Kenyan shilling against major global currencies. On Wednesday, the Monetary Policy Committee of the CBK noted that headline inflation eased to 5.7% as the costs of most food items, including maize flour, wheat flour, … Continue reading Kenya Holds Rates at 13% on Easing Inflation