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Kenya Shilling Holds Steady Against US Dollar: CBK Cautious Not to Upset Balance

The CBK has adopted various policies to establish a balance between the supply and demand of the Kenya shilling and the US dollar, including reserve management. ....

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Kenya Banks Suffer Low Loan Uptake as CBK Retains Interest Rate at 13 Percent

Kenya commercial banks reported an increase in non-performing loans (NPLs) after the Central bank of Kenya (CBK) raised base interest rate to 13%. ....

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Kenyans to Pay More for Loans as CBK Raises Base Lending Rate to 12.5% on Declining Shilling

The Central Bank of Kenya (CBK) governor, Kamau Thugge, highlighted the reasons leading to the increase in the bank loan base interest rate to 12.5 percent. ....

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Kenya is Facing Liquidity Crisis: Expert Explains What This Mean

Government liquidity reflects a country's adaptability in fulfilling financial commitments and without cash flow, Kenya could default on existing loans. ....

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Oil Middlemen in Kenya: Expert Agrees They Are Partly to Blame for Rising Fuel Prices

Prices of petroleum products are expected to rise and Uganda is in the process of pulling out of the oil deal with Kenya due to high prices as a result of middlemen. ....

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