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24.04.25 - 19:12
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Kenya Central Bank′s Thugge on IMF Funding, Gold, Tariff Impact (Bloomberg)
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Kenya's Central Bank Governor Kamau Thugge said the nation is considering adding gold to its reserves to diversify from other currencies. Thugge spoke with Jennifer Zabasajja about discussions on an IMF funding program and the economic impact of tariffs on the nation's economy. (Source: Bloomberg)...
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05.12.24 - 16:57
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Kenya central bank cuts main lending rate by 75 basis points (Reuters EN)
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UPDATE 1-Kenya central bank cuts main lending rate by 75 basis points Adds details, background throughout NAIROBI, Dec 5 (Reuters) - Kenya's central bank cut its benchmark lending rate KECBIR=ECI by 75 basis points (bps) to 11.25% on Thursday, saying economic growth had slowed in the first half of 2024 and there was scope for monetary policy to offer support....
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05.12.24 - 16:34
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Kenya central bank′s rate decision (Reuters EN)
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TEXT-Kenya central bank's rate decision NAIROBI, Dec 5 (Reuters) - Kenya's central bank cut its benchmark lending rate KECBIR=ECI by 75 basis points to 11.25% on Thursday, the bank's Monetary Policy Committee said. Below is the full Monetary Policy Committee statement on the decision: MONETARY POLICY COMMITTEE MEETING The Monetary Policy Committee (MPC) met on December 5, 2024, and reviewed the outcomes of its previous decisions and measures implemented to anchor inflationary expectations and ma...
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22.11.24 - 08:14
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Kenyan shilling stable; central bank dollar sale helps (Reuters EN)
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Kenyan shilling stable; central bank dollar sale helps NAIROBI, Nov 22 (Reuters) - The Kenyan shilling KES= was stable on Friday, and traders said that central bank selling dollars earlier this week to match importer demand helped it. The shilling traded at 129.00/130.00 at 0650 GMT, according to LSEG data, the same as Thursday's closing rate. "We've seen the regulator coming to intervene in the market, and that has cured all the demand that was pending," one trader said....
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