Categories: Business and Economy

Kenya central bank holds key rate, growth forecasts unchanged

A general view shows the Central Bank of Kenya headquarters building along Haile Selassie Avenue in Nairobi, Kenya November 28, 2018. REUTERS/Njeri Mwangi

NAIROBI (Reuters) – Kenya’s central bank maintained its benchmark lending rate on Tuesday, as expected, saying its policy stance was appropriate though there was still a need to monitor changes in global oil prices and any second-round effects on inflation.

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BHFN Editorial Team covers breaking news, culture, and global developments impacting Black America, Africa, Kenya, and the African diaspora. Focused on timely reporting and community-driven perspectives, the team delivers news, analysis, and stories that inform, connect, and amplify diverse voices.

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