The rate was 8.5 per cent in August, above the central bank’s target range of 2.5 per cent-7.5 per cent.
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The National Treasury has met 17.40% of its net domestic target for the FY2022/23 compared to 39.10% at the same time in the FY2021/22.
An authorized securities dealer is a person authorized to deal in securities and operate in a specified market segment as may be prescribed by the Authority.
Kenya registered a growth of 6.7 per cent in 2021 after a 0.3 per cent contraction in 2020.
The CBK estimates a wider current account deficit at the end of the 2022 calendar year at an equivalent 5.9 per cent of GDP on account of higher international oil prices.
The reading was the lowest seen since the lockdown-hit period in April 2021.