By
Kepha Muiruri
Business Reporter
Nation Media Group
The Central Bank of Kenya (CBK) kept its benchmark lending rate unchanged for the second policy meeting in a row at 8.75 percent amid the uncertainty triggered by the Iran war.
Iran war forces CBK to hold key lending rate for second time
Major central banks around the world, including the US Federal Reserve, have adopted a similar stance, favouring the wait-and-see approach as the end of the Middle East war remains uncertain.
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