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Rising fuel prices hand CBK a fresh inflation headache

Monday, October 02, 2023 - 2 min read

The Central Bank of Kenya in Nairobi. FILE PHOTO | NMG

Business Reporter

Nation Media Group

Soaring fuel prices have handed the Central Bank of Kenya (CBK) a new price stabilisation headache ahead of its key policy rate meeting on Tuesday.

International oil prices have continued to rise in recent weeks, driven primarily by tight supply and resilient demand.

Note: The results are not exact but very close to the actual.

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