Kenya Retains Benchmark Interest Rate for Second Time

Kenya Retains Benchmark Interest Rate for Second Time

(Bloomberg) — Kenya’s central bank left its benchmark interest rate unchanged for the second time in a row, as it monitors the impact of the ongoing conflict in Iran on the economy.

CBK holds lending rate at 8.75% amid inflation concerns

Kenya’s Monetary Policy Committee has held its benchmark lending rate steady, maintaining the Central Bank Rate at 8.75 percent following its meeting on June 9, 2026, amid rising global economic uncertainty. The decision reflects concerns over escalating geopolitical tensions, particularly the conflict in the Middle East, which has disrupted global supply chains and driven up

CBK Holds Lending Rate at 8.75% Despite Rising Inflation

The Central Bank of Kenya (CBK) has kept its benchmark lending rate unchanged at 8.75 per cent, choosing to support economic growth and affordable credit even as inflation edged closer to the upper limit of the government’s target range. The decision was announced on Tuesday following a meeting of the Monetary Policy Committee (MPC) chaired […]

Kenya Maintains Main Lending Rate at 8.75 Percent

The Central Bank of Kenya maintained its benchmark lending rate at 8.75 per cent on Tuesday to counter economic pressures from the conflict involving Iran. The decision matched the forecasts of economists polled by Reuters, who widely expected the monetary policy committee to hold the rate for the second consecutive meeting. Recent fuel price hikes, triggered by surging global energy costs, drove Kenyan inflation up sharply during April and May.…