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Posted on : Apr 17, 2014 At 1000hrs

US DOLLAR : 86.8278 -0.0764| STG POUND : 146.066 0.701| EURO : 120.287 0.132| SA RAND : 8.21 -0.0184| KES / USHS : 28.9424 0.0024| KES / TSHS : 18.842 0.0511| KES / RWF : 7.8201 0.0068| KES / BIF : 17.8412 0.0065| AE DIRHAM : 23.6395 -0.0208| CAN $ : 78.9597 -0.1851| S FRANC : 98.8333 0.0621| JPY (100) : 85.0836 0.0405| SW KRONER : 13.3697 0.0188| NOR KRONER : 14.5311 -0.0572| DAN KRONER : 16.0995 0.0037| IND RUPEE : 1.4352 -0.0039| HONGKONG DOLLAR : 11.1978 -0.0094| SINGAPORE DOLLAR : 69.4483 0.0138| SAUDI RIYAL : 23.1519 -0.021| CHINESE YUAN : 13.9602 -0.0039| AUSTRALIAN $ : 81.3099 -0.1671|
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That the proportion of the adult population using formal financial services rose to 66.7% in 2013 compared to 27.4% and 41.3% in 2006 and 2009 respectively? This is according to the FinAccess Survey Report 2013, which was released in October 2013. Download the FinAccess Survey Report, 2013 and coverage of survey findings by AFI.

 

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Caveat Emptor - Buyer Beware Land Reference No 12979/3- Ruai Area, Nairobi.  Read more ...

News & Highlights

Diaspora Remittances increase in Feb 2014
11 April 2014
Remittances to Kenya for February 2014 was USD 110.42 million. This is an 8 percent increase when compared with the same period last year which was at USD 102.4 million.
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Draft Central Bank of Kenya Bill, 2014 – Invitation for comments
03 April 2014
A Draft Central Bank of Kenya Bill 2014 has been developed in line with Article 231 of the Constitution of Kenya. The National Treasury invites comments from the public and Stakeholders to be received by 30th April, 2014.The Constitution of Kenya in Article 231 establis...
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MPC retains CBR at 8.50 pc
04 March 2014
Following its meeting of March 4, 2014 the Monetary Policy Committee (MPC) retained the CBR at 8.50 percent. The Committee noted that overall inflation remained within the target range, while exchange rate stability was maintained.
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AMPI 2014 Meeting
07 February 2014
The African Mobile Phone Financial Services Policy Initiative (AMPI), is in Naivasha, Kenya to assess the status of mobile financial services (MFS) on the continent and discuss ways of promoting a shared vision to 
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Credit Reference Bureau Regulations, 2013
04 February 2014
On 17th January 2014, the Cabinet Secretary, National Treasury published in the Kenya Gazette the Credit Reference Bureau Regulations, 2013.
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Demand for credit increases
30 January 2014
In 2013, demand for credit generally increased in most sectors. A peaceful political transition in 2013 and a stable macro-environment were the greatest factors that led to an increased demand for credit in the year.
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US DOLLAR86.8278
STG POUND146.066
EURO120.287

Posted on Apr 17, 2014

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Central Bank Rate 8.50% 04/03/2014
Interbank Rate 7.2946% 16/04/2014
CBK Discount Window 14.5% 07/05/2013
91 Day T-Bill 8.847% Apr,2014
REPO 8.368% 10/04/2014
Inflation Rate 6.27% Mar,2014
Lending Rate 17.06% Feb,2014
Savings Rate 1.49% Feb,2014
Deposit Rate 6.57% Feb,2014

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The Central Bank’s overall objective as provided under Section 4 A (i)d of the Central Bank of Kenya Act is to formulate and implement such ...Read more

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