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Kenya raises key interest rate to tame inflation

On Monday, the Central Bank of Kenya raised its policy lending rate by half a percentage point to stem rising inflation and stabilise the shilling. The increase in the central.

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Central Bank of Kenya transfers Khs. 800M from General Reserve Fund to Government Consolidate Fund

The Central Bank of Kenya (CBK) announced that it has transferred to the Government Consolidated Fund Ksh.800 million as a distribution from CBKs General Reserve Fund (GRF) as at end.

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