CBK Governor Kamau Thugge told bankers that monetary policy decisions are independent and should be implemented directly by banks without going through the Treasury.
By
Patrick Alushula
Business Reporter
Nation Media Group
The Central Bank of Kenya (CBK) has differed with the Supreme Court judgment requiring commercials banks to seek formal approval from the Treasury Cabinet Secretary before changing interest rates.
'We don’t see much inflation coming from what has been proposed in the Finance Bill. So yes, we don't see an impact on inflation…
For Kenya’s banking sector, the data in CRB so far supports a cautiously positive assessment.
Major central banks around the world, including the US Federal Reserve, have adopted a similar stance, favouring the wait-and-see…
Analysts at the AIB-AXYs Africa say they expect a soft CBR increase, pushing the rate up from 8.75 to nine percent.
CBK has targeted Sh28 billion in each of its last two weekly T-bill auctions, with a higher quantum placed on the shortest dated…
The CBK provides liquidity to commercial and microfinance banks as a lender of last resort to ensure the sector’s stability.
