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TechCabal - Dec 09, 2024
Kenyan banks to lower interest rates following pressure from the Central Bank
CBK reduced the benchmark rate by 75 basis points to 11.75%. The gap between CBR and lending rates rose to a 31-month high.
Kenya Bankers AssociationCentral Bank of KenyaKamau ThuggeCovid-19 pandemicMonetary Policy Committee
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