Market News
Kenya’s central bank to hold next rate-setting meeting on Dec 5 - REUTERS
NAIROBI, Nov 7 (Reuters) – The Kenyan central bank’s Monetary Policy Committee will hold its rate-setting meeting on Dec. 5, the bank said on Thursday.
At its last meeting in October, the bank slashed its benchmark lending rate KECBIR=ECI to 12.00%, down from 12.75%, in a move aimed at stimulating credit to the private sector.
(Reporting by George Obulutsa; Editing by Hereward Holland)
