Notenbank Kenia

 

Kenya plans to buy gold to diversify its reserves and has held talks with the Bank of England on topics including bullion storage, the East African nation's central bank governor said....

Kenyan Central Bank Governor Kamau Thugge speaks with Bloomberg's Jennifer Zabasajja from the International Monetary Fund's annual meetings in Washington about the fund's recent staff mission in Nairobi and progress on talks for a new program. Thugge also weighs in on US-China trade tensions and the potential spillover on the East African nation. (Source: Bloomberg)...

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Kenya is considering adding gold to its reserves to diversify its foreign exchange holdings beyond the US dollar and other currencies, according to the country's central bank governor....

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)...

Kenyan central bank officials are moving from bank door to bank door inspecting why commercial interest rates have failed to fall in tandem with the benchmark rate....

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Kenya's central bank cut the benchmark interest rate for the fourth time in a row as inflation sits comfortably at the lower end of its target band....

US President Donald Trump's pledge to unlock more of that country's vast stores of energy will likely lower Kenya's consumer price growth, according to the chief of the African nation's central bank....

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....

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...

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....

Kenya fulfilled all targets in IMF review, central bank governor says...