Money Markets

Central Bank maintains lending rate at 18pc

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The Central Bank of Kenya. Photo/FILE

The Central Bank of Kenya. The Monetary Policy Committee met on 1st February, 2012 to assess the economy’s response to its previous monetary policy decisions as well as review domestic and international economic developments. Photo/FILE 

By BD REPORTER  (email the author)
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Posted  Wednesday, February 1  2012 at  18:01

Central Bank has maintained lending rate at 18pc to allow time for existing policy measures work out, decision expected to stabilize cost of loans. See the Monetary Policy Committee's full statement here

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