Kenya raises key interest rate to tame inflation
31/05/2022On Monday, the Central Bank of Kenya raised its policy lending rate by half a percentage point to stem rising inflation and stabilise the shilling. The increase in the central.
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The Central Bank of Kenya (CBK) announced that it has transferred to the Government Consolidated Fund Ksh.800 million as a distribution from CBKs General Reserve Fund (GRF) as at end.