Kenyan Shilling Appreciation Cuts Debt-to-GDP Ratio by 5.2%
The country’s debt-to-GDP ratio has dropped 5.2 per cent over the last two years on account of the strengthening of the Kenyan shilling against the dollar. According to the National…
CBK Cuts Lending Rate by 50 Basis Points, Boosting Hopes for Cheaper Loans
The Central Bank of Kenya (CBK) has cut the benchmark interest rate by 50 basis points to 10.75 per cent. This marks the fourth consecutive rate cut. “Lower the Central…
Central Bank Makes Successive Interest Rate Cuts After Significant Drop in Inflation
Kenyans are poised to access cheaper loans for the next two months after the Central Bank of Kenya's Monetary Policy Committee (MPC) lowered the base lending rate for the third…