The Monetary Policy Committee (MPC) has decided to lower the Central Bank Rate (CBR) by 25 basis points to 9.25 percent from 9.50 percent, during its meeting held on October 7, 2025. During its deliberations, the Committee noted that the global growth has remained resilient in 2025. This has been supported by front-loading of exports
International oil prices dropped sharply at the beginning of October 2025, with Murban oil prices falling to USD 65.59 per barrel on October 2, down from USD 69.85 per barrel on September 25, according to the latest Central Bank of Kenya (CBK) Weekly Bulletin. The decline was attributed to market expectations of a potential OPEC+
The Central Bank of Kenya (CBK) has published commercial bank’s average interest rates for July 2025. CBK announced on Tuesday, September 9, that the average lending interest rate was 15.24 while the average deposit rate was 8.07. According to the latest review, Citibank N.A Bank stands out as the financial institution with the cheapest interest
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