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The Central Bank of Kenya is responsible for formulating monetary policy to achieve and maintain price stability. The Central Bank also promotes financial stability; an effective and efficient payment, clearing and settlement system; formulates and implements foreign exchange policies; holds and manages foreign exchange reserves; issuing of currency; and is the banker for, adviser to and fiscal agent of the Government.

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The Central Bank of Kenya staff successfully hiked Mount Kilimanjaro on June 4-11, 2017, to raise funds in support of St. Kizito’s School for the Deaf, Litein.
The Central Bank of Kenya (CBK) celebrated its 50 years of existence and service to the nation of Kenya in September 2016. These celebrations entailed the CBK’s involvement in a number of activities.

Recent News

Report of the Survey of Hotels September 2020

The Central Bank of Kenya (CBK) conducted a survey between September 21 and 23, 2020 to assess the extent of recovery in the hotels sector, particularly accommodation and restaurant activities. The highlights of the Hotels Survey include: 89 percent of hotels that...

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Key CBK Indicative Exchange Rates
US DOLLAR 108.8353
STG POUND 141.9100
EURO 128.7135
Posted On: 28-10-2020
Key Rates
Central Bank Rate 7.00% 29/09/2020
Inter-Bank Rate 2.95% 28/10/2020
CBK Discount Window 13.00% 29/09/2020
91-Day T-Bill 6.589% 26/10/2020
REPO 3.16% 21/10/2020
Inflation Rate 4.2% September,2020
Lending Rate 11.94% August,2020
Savings Rate 4.11% August,2020
Deposit Rate 6.64% August,2020
KBRR 8.9% 27/07/2016