Kenya c.bank to hold its next rate decision meeting on Oct 8

The Central Bank of Kenya (CBK) announced on Monday that its Monetary Policy Committee (MPC) will hold its next rate-setting meeting on October 8.

At the previous meeting on August 6, the CBK slashed its benchmark lending rate by 25 basis points to 12.75 per cent as part of a gradual easing of the monetary policy stance, while ensuring continued exchange rate stability.

Attribution: CBK