Wednesday, September 3, 2014

CBK maintains 8.5pc rate despite rise in inflation

NAIROBI, Kenya, Sept 3 – The Central Bank of Kenya (CBK) has decided to hold its lending rate at 8.5percent for a year and three months now despite rising inflation in recent months. Inflation has risen from 6.27 in March this year to 8.36 percent in August driven by an increase in food prices, house […]

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