Domestic interest rates have peaked pointing to a pause on high-risk environment that had catapulted the rates to years’ records after the Central Bank of Kenya (CBK) raised its benchmark lending figure to counter effects of runaway inflation and currency exchange volatility.
The risk-off environment has been underpinned by a fall in inflation rate which declined below the mid-target of five percent in July to 4.3 percent before rising slightly to 4.4 percent in August.
