Kenyan Central Bank Raises Key Rate by 75 Basis Points


The monetary policy committee of the Kenyan central bank recently revealed it increased the central bank rate by 75 basis points from 7.5% to 8.25%. Justifying its decision to act, the committee cites growing inflationary pressures and increased global risks, as well as their likely impact on the domestic economy. Growing Inflationary Pressures Following its […]

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Background Photo by Muhammad Ruqiyaddin on Unsplash

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