Kenya central bank to set rates at policy meeting on Sept 20

by Reuters 10 views0

Kenya central bank to set rates at policy meeting on Sept 20

The Central Bank of Kenya said on Friday its Monetary Policy Committee will meet on Sep. 20 to set its benchmark lending rate.

At its last meeting in July, the bank held its lending rate at 10.5 percent, saying recent increases in fuel taxes would temporarily put upward pressure on inflation.