Kenya Cuts Key Rate for Sixth Time in Row to Prop Up Economy

Kenya central bank cuts key rate again but by smaller margin

Kenya's central bank cut its benchmark lending rate for the sixth meeting in a row on Tuesday but by a smaller margin, saying it wanted to provide further support to the economy.

Kenya cuts lending rate for sixth consecutive time

The central bank rate was lowered by 25 basis points to 9.75%

Kenya Cuts Key Rate for Sixth Time in Row to Prop Up Economy

Kenya’s central bank cut its benchmark interest rate for the sixth time in a row to help shore up the economy as inflation is expected to remain benign.

What CBK’s Rate Cut Means for Your Money Market Fund Returns

CBK has cut the lending rate by 25 basis points.

CBK cuts key rate to 9.75%, boosts cheaper loans hope

Central Bank of Kenya (CBK) has doubled down on its efforts to lower interest rates on commercial bank loans by once again slashing its key benchmark lending rate to 9.75 per cent, marking the first single digit in two years.   The country had a Central Bank Rate (CBR) of 9.5 per cent in June […]