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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

CEOs Survey of May 2023

The Central Bank of Kenya (CBK) has released the report of the May 2023 CEOs Survey. The Survey is conducted every two months, prior to the Monetary Policy Committee (MPC) meeting. The objective of the Survey is to capture information on top firms’ perceptions,...

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Market Perceptions Survey Report of May 2023

The Central Bank of Kenya (CBK) undertakes a Market Perceptions Survey, prior to every Monetary Policy Committee (MPC) meeting, to obtain perceptions of banks and non-bank private sector firms on selected economic indicators including inflation, economic growth,...

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Agriculture Sector Survey of May 2023

The agriculture sector continues to play a critical role in Kenya’s economy accounting for 20 percent of Gross Domestic Product (GDP). The sector also employs over 40 percent of the total population and more than 70 percent of the rural populace. Given the critical...

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Key CBK Indicative Exchange Rates
US DOLLAR 138.6088
STG POUND 171.3659
EURO 148.0515
Posted On: 02-06-2023
Key Rates
Central Bank Rate 9.50% 29/05/2023
Inter-Bank Rate 9.36% 02/06/2023
CBK Discount Window 15.50% 29/05/2023
91-Day T-Bill 11.103% 05/06/2023
REPO 0.00% 27/04/2023
Inflation Rate 7.9% April,2023
Lending Rate 13.09% March,2023
Savings Rate 3.55% March,2023
Deposit Rate 7.6% March,2023
KBRR 8.9% 27/07/2016