CBK Lowers CBR To 7.00 As COVID-19 Continues To Create Uncertainty
Headlines
The Monetary Policy Committee in a meeting held on Wednesday lowered the Central Bank Rate (CBR) to 7 percent from
By Juma
·Headlines
The Monetary Policy Committee in a meeting held on Wednesday lowered the Central Bank Rate (CBR) to 7 percent from
By Juma
·Government and Policy
The stance by the government to offer 12 percent returns for investment in bonds and bills while capping interest rates
Headlines
The Monetary Policy Committee has lowered the Central Bank Rate (CBR) from 9.50 percent to 9 percent, getting most financial
Headlines
The Central Bank of Kenya, through the Monetary Policy Committee (MPC), has retained the Credit Bank Rate (CBR) at 9.50
Market News
Capping of interest rates at 4 percent above the Central Bank Rate (CBR) has not led to the intended objectives
Market News
Kenyan banks have posted reduced earnings in half year results ended June 2017 following interest rate caps introduced last September.
By David Indeje
·Market News
Borrowers breathed a sigh of relief after the Central Bank of Kenya (CBK) held its base lending rate at 10 percent.
Market News
Tea prices at the latest Mombasa auction held steady at KES 289; the price in the previous sale. Data from
Market News
Macro Economic Kenya’s foreign exchange reserves have reduced by USD 378Mn (KES 38.6Bn) since the beginning of November This drop
Market News
Fixed Income: Secondary market turnover is expected to be remain underwhelming, with trading activity expected to pick up after the primary