The Central Bank of Kenya (CBK), through the Monetary Policy Committee (MPC), has taken decisive action to stimulate economic growth…
Browsing: Central Bank of Kenya
The Governing Council of Kenya Bankers Association (KBA), the financial sector’s advocacy group and the umbrella body of banking institutions,…
As of Thursday, February 15, 2024, Bank of Africa in its ‘daily exchange’ rates, bought US dollar at Sh148.10, and sold the same at Sh152.9. On the same day, the lender bought British Pound Sterling (BPT) at Sh182.81 to sell at Sh195.83.
Despite Kenya having more than 380 Digital Credit Providers (DCPs), access to credit has remained a challenge for many small…
The depreciation trend of the Kenyan shilling against the dollar is worrying. Since the start of this year, the shilling…
A look at the good side of a weaker currency. Since mid-last year, the Kenyan shilling has continued to drop…