NairobiWire.com
Kenya’s Central Bank has once again slashed its main interest rate, marking the fourth consecutive reduction in a bid to stimulate lending and boost economic growth. Governor Kamau Thugge announced on Wednesday that the Monetary Policy Committee (MPC) had lowered the key rate to an almost two-year low of 10.75%…
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CBK Lowers Interest Rates for Fourth Time Amid Slowing Economy
Richard Kamau
10:22
Kenya’s Central Bank has once again slashed its main interest rate, marking the fourth consecutive reduction in a bid to stimulate lending and boost economic growth. Governor Kamau Thugge announced on Wednesday that the Monetary Policy Committee (MPC) had lowered the key rate to an almost two-year low of 10.75%…
