The Kenyan shilling ended the week weaker against the US dollar as rising oil prices and…
Tag: Central Bank of Kenya
CBK Reopens Sh50 Billion Treasury Bonds to Support Government Budget
The Central Bank of Kenya has reopened two long-term Treasury bonds as the government seeks Sh50…
Shilling Holds Near KSh130 as Inflation and CBK Rate Decision Take Centre Stage
The Kenya shilling has remained relatively stable against the US dollar, but rising inflation is putting…
Digital Lenders Granted 29 More Licences as CBK Tightens Oversight
Kenya’s digital credit market has expanded to 281 licensed providers, as the Central Bank of Kenya…
Stable Inflation and Lower Lending Rates Reduce Pressure for CBK Rate Change
Kenya’s monetary policymakers are facing little pressure to adjust interest rates. Inflation remains within the target…
IFC Plans KES 19.4 Billion Funding Boost for KCB’s SME Lending
KCB is set to receive fresh funding from the International Finance Corporation (IFC). The proposed KES…
Kenya’s Foreign Exchange Reserves Hit Record High After Safaricom Deal and World Bank Funding
Kenya’s foreign exchange reserves have reached a historic high. The reserves rose by $1.5 billion in…
Court Clears Way for Nairobi County to Resume Financial Operations
The High Court has directed the Central Bank of Kenya (CBK) to restore Nairobi County’s banking…
New Law Gives CBK Powers to Rescue Systemically Important Banks During Financial Crises
Kenya has enacted a new law strengthening the Central Bank of Kenya’s crisis response powers. The…