Kenya Central Bank Holds Lending Rate at 8.75 Percent

Kenya's central bank held its benchmark lending rate at 8.75 percent on Wednesday. The monetary policy committee announced the decision following its meeting.

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The Central Bank of Kenya has announced its decision to maintain its benchmark lending rate at 8.75%. The decision was reached during a meeting of the regulator's Monetary Policy Committee on Wednesday, as officials assessed the current state of the domestic economy and global financial trends.

A view of the Central Bank of Kenya's main office located on Haile Selassie Avenue in Nairobi, captured in late 2018. REUTERS/Njeri Mwangi/File Photo
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