Kenya central bank retains benchmark lending rate at 9%
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The Central Bank of Kenya (CBK) on Wednesday maintained the benchmark lending rate at 9 percent due to the relatively stable inflation rate.
The Central Bank of Kenya (CBK) on Wednesday maintained the benchmark lending rate at 9 percent due to the relatively stable inflation rate.
The Central Bank of Kenya (CBK) on Monday maintained benchmark lending rate at 9.0 percent to help check inflation.
Kenya’s third Eurobond valued at Sh210 billion ($2.1 billion) was Wednesday admitted for trading at the Irish Stock Exchange.
The Kenyan government has managed to raise $2.1 billion (Ksh 210 billion) of debt from the sale of its third dollar-denominated Eurobond in the European capital markets since 2014.