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Kenya , Tuesday 21 July 2026

News Kenya » Central » History: Kenya central bank cuts main lending rate to boost private sector credit

News channel or source: https://www.reuters.com/world/africa/kenya-central-bank-cuts-main-lending-rate-12-2024-10-08/
Published on: Tuesday 08 October 2024

NAIROBI, Oct 8 (Reuters) - Kenya's central bank slashed its benchmark lending rate (KECBIR=ECI), opens new tab to 12.00% from 12.75% on Tuesday, in a move aimed at stimulating credit to the private ...