The Central Bank Of Kenya Prioritizes Stability Over Digital Currency
In a recent announcement, the Central Bank of Kenya (CBK) emphasized that the implementation of a digital currency is not ...
Thursday, May 15, 2025
Tag: Central Bank of Kenya (CBK)
Central Bank of Kenya Governor Nominee, Thugge Plans A Dollar-Denominated Bond to Boost Kenya’s Economy
The Central Bank of Kenya (CBK) governor nominee Kamau Thugge plans to float a local dollar-denominated bond to get rich ...
Government’s Compliance with IMF to Worsen Cost of Living
Oxfam, a global aid agency, has warned that the austerity measures being implemented by the Kenyan government as part of ...
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Diaspora Remittances Increased By 16.5% In March
The amount of money Kenyans abroad sent home in the month of March increased by 15.5 percent to Kshs47.2 billion ...
Implications of Delayed Salaries on Financial Institutions
Financial institutions have raised fears over delayed payment of March salaries by the government. This is because, most of the ...
High Eurobond Yield Piles Pressure on Kenya Debt Servicing
Kenya’s debt is projected to hit the Kshs 9.4 trillion mark at the end of June this year, according to ...
Rise in Interbank Rates Fuels the Cost of Borrowing
The high interbank rate is likely to fuel the rise in the cost of loans in the wake of an ...
CBK’s 2023 Economic Growth Outlook
The Central Bank of Kenya (CBK) has revised its economic growth forecast for 2023 downwards, citing a dim outlook for ...
MPC Hikes Interest Rates to 9.5% from 8.75%
On Wednesday 29, Monetary Policy Committee (MPC) raised Central Bank rate by 75 basis points to 9.5 percent from 8.75 ...
Government in talks with CBK to avert dollar shortage crisis
The government is considering reinstating the interbank foreign exchange market to iron out the US dollar shortage that has seen ...
