Wednesday, July 8, 2015
>>> Rise in CBR temporary relief to the shilling
NAIROBI, Kenya Jul 8 – Increase in the Central Bank of Kenya (CBK) Lending rate to 11.50 percent from 10 percent will only offer temporary relief to the local currency, according to money market experts. Standard Investment Bank Research says this due to the persistent weakness in current account deficit and slow foreign capital inflows […]