Browsing: Central Bank of Kenya

The Central Bank of Kenya (CBK) has limited the amount of foreign exchange that Money Remittance Providers (MRPs) can sell…

According to the regulator, goods exports have remained strong, growing by 13.9 per cent in the 12 months to September 2022 compared to a similar period in 2021.

The Monetary Policy Committee decided to raise the Central Bank Rate (CBR) from 8.25 per cent to 8.75 per cent.

Kenya raised the lending rate by 50 basis points to 7.5 percent at their last meeting in May, the first increase since July 2015.

Kenya’s Monetary Policy Committee (MPC) will be meeting on Wednesday, January 26, 2022.to review the current policy stance.  The meeting…

The Central Bank of Kenya (CBK) transferred KSh 5.5 Billion to the Government’s Consolidated Fund as a distribution from its…