The Central Bank of Kenya (CBK) decided to keep the Central Bank Rate (CBR) steady at 8.75 percent during its Monetary Policy Committee (MPC) meeting on April 8, 2026. This decision reflects the policymakers' careful observation of global trends, particularly the ongoing conflict in the Middle East, which has disrupted
Tag: monetary policy Kenya
CBK Cuts Key Interest Rate to 9%
The Central Bank of Kenya (CBK) has reduced its key interest rate, the Central Bank Rate (CBR), by 0.25 percentage points, setting it at 9.00 percent, down from 9.25 percent. This adjustment signals ongoing confidence in Kenya's economic stability, supported by a firm national currency and positive projections for