During the first half of 2020, an accommodative monetary policy stance was adopted to cushion the banking system from the adverse effects of the COVID-19 pandemic. In March 2020, the Central Bank of Kenya (CBK) reduced the Central Bank Rate (CBR) to 7.25 per cent, from 8.25 per cent in February 2020 and 9.00 per cent in December 2019.

Sep 8, 2023

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During the first half of 2020, an accommodative monetary policy stance was adopted to cushion the banking system from the adverse effects of the COVID-19 pandemic. In March 2020, the Central Bank of Kenya (CBK) reduced the Central Bank Rate (CBR) to 7.25 per cent, from 8.25 per cent in February 2020 and 9.00 per cent in December 2019.
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