CBK holds rate meeting amid signs of economic recovery

cbk-0803-vvr

Central Bank of Kenya (CBK). FILE PHOTO | NMG

The Central Bank of Kenya (CBK) is set to hold its monetary policy meeting on Wednesday, setting the direction for the country’s financial sector as the economy continues to recover following months of difficulty occasioned by the Covid-19 pandemic.

A poll of analysts project that the CBK will hold the rate steady at seven percent, citing stable inflation even though the shilling remains under pressure in the currency exchange market.

PAYE Tax Calculator

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