CommunityBusinessArtsSchoolsGovernmentSportsReal EstateTechnologyDiningHealthSearchSaved

Advertisement

Community

Kenya central bank keeps main lending rate unchanged

Katherine Langford
Katherine Langford
Editor-in-Chief · Wednesday, October 7, 2026 at 2:26 PM · 1 min read
Kenya central bank keeps main lending rate unchanged — KFGO, Fargo Community news
Image: KFGO

NAIROBI, Oct 7 (Reuters) Kenya s central bank maintained its benchmark lending ​rate at 8.75%, ‌it said on Wednesday after a meeting of its Monetary Policy Committee. • It ‌was ​the fourth ⁠policy meeting in ⁠a row that the Central Bank of Kenya has kept the ​rate unchanged. • A Reuters poll of 11 ⁠economists had ⁠nine predicting a ​hold, while two had predicted ​a raise to 9.0%. • ‌Kenya s inflation rose to 6.8% year-on-year in September from 6.6% a ⁠month earlier, moving closer to the upper end of ⁠the ‌government s preferred 2.5%-7.5% ⁠range. • Inflation is ​expected ‌to remain within the ​target ⁠range in the near term, the bank said in a statement. (Reporting by George Obulutsa;Editing by Alexander ​Winning)

Advertisement

Up nextAttacks on tankers in Hormuz hit highest of any week since start of Iran war, sources sayCommunity · 1 min read
You're offline — showing the last loaded page