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Posted on : Jun 19, 2013 At 1000hrs

US DOLLAR : 85.7236 0.0133| STG POUND : 134.119 -0.335| EURO : 114.741 0.347| SA RAND : 8.5716 -0.0203| KES / USHS : 30.3301 -0.0047| KES / TSHS : 19.1547 0.0087| KES / RWF : 7.5709 -0.0187| KES / BIF : 18.14 -0.0028| AE DIRHAM : 23.3392 0.0037| CAN $ : 83.8995 -0.2916| S FRANC : 93.1407 0.3371| JPY (100) : 90.0321 -0.3409| SW KRONER : 13.3033 0.0577| NOR KRONER : 14.9325 -0.0158| DAN KRONER : 15.392 0.057| IND RUPEE : 1.4604 -0.0082| HONGKONG DOLLAR : 11.0516 0.0045| SINGAPORE DOLLAR : 68.0779 0.0187| SAUDI RIYAL : 22.8575 0.0039| CHINESE YUAN : 13.9839 0.004| AUSTRALIAN $ : 81.4503 -0.0516|

That EFT is an electronic fund transfer modes that operate on a deferred net settlement (DNS) basis which settles transactions in batches? In DNS, the settlement takes place at a particular point of time. All transactions are held up till that time. For example, EFT settlement takes place once a day.

Any transaction initiated after a designated settlement time would have to wait till the next designated settlement time. Contrary to this, in RTGS, transactions are processed continuously throughout the RTGS business hours.

News & Highlights

Calling for participation of stakeholders (KDI Act)
24 May 2013
The Deposit Protection Fund Board invites stakeholders and members of the public to submit written comments, queries or views on the Draft Kenya Deposit  Insurance Act, 2012 (KDI Act).
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General decline in credit demand
16 May 2013
The prevailing political risks in the first quarter of 2013 resulted in a general decline in demand for credit across all economic sectors in Kenya. This is according to the CBK’s Credit Officer Survey Report for the quarter ended March 2013.
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Kenyan Banking Sector Registers Improved Performance
15 May 2013
The Kenyan Banking Sector registered improved performance with the size of assets standing at Ksh. 2.4. trillion and loans and advances amounting to Ksh. 1.4 trillion as at 31st March 2013.
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Bank Supervision Annual Report 2012
14 May 2013
The banking sector supported the various economic sectors through provision of loans and advances in 2012. Some of the critical economic sectors that received credit were Trade, Manufacturing, Hotels and Restaurants, Transport and Communication, Manufacturing and Agricu...
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U & I DTM gets license to operate
13 May 2013
Central Bank has issued a license to U & I Deposit Taking Microfinance Institution Ltd. to carry out community deposit-taking microfinance business. U & I DTM Limited becomes the ninth deposit taking microfinance institution (DTM) to be licensed.
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Diaspora remittances register upward trend
03 May 2013
The remittance inflow in March 2013 increased by USD 1.021 million (or 1.0 percent) higher than the February 2013 inflow of USD 102.4 million. In the 12 months to March 2013, average remittance inflows increased to USD 98.3 million from USD 82.9 million.
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US DOLLAR85.7236
STG POUND134.119
EURO114.741

Posted on Jun 19, 2013

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Central Bank Rate 8.5% 07/05/2013
Interbank Rate 7.1728% 19/06/2013
CBK Discount Window 14.5% 07/05/2013
91 Day T-Bill 6.721% Jun,2013
REPO 7.74% 17/06/2013
Inflation Rate 4.05% May,2013
Lending Rate 17.87% Apr,2013
Savings Rate 1.45% Apr,2013
Deposit Rate 6.39% Apr,2013

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