International oil prices remained high in the week ending on March 18, 2026. In it’s weekly bulletin, the Central Bank of Kenya (CBK) said the increase was due to the closure of the Strait of Hormuz. CBK said the prices of Murban crude oil rose from $92.13 ( Ksh 11935.44) per barrel on March 12
Central Bank of Kenya (CBK) has noted a growing trend in the use of Kenya Shilling banknotes for decorative and celebratory purposes, including the preparation of cash flower bouquets, ornamental displays, and similar arrangements. In a statement, CBK said in many instances, banknotes are folded, rolled, glued, taped, stapled, pinned, or otherwise affixed using adhesives
Equity Bank has announced a reduction in loan interest rates for both new and existing borrowers following the Central Bank of Kenya’s (CBK) decision to lower the Central Bank Rate (CBR). The move comes after the Monetary Policy Committee (MPC) revised the benchmark rate downward by 25 basis points to 9.00 percent from 9.25 percent