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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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Spotlight

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

MPC CEOs Survey of March 2021

The Central Bank of Kenya (CBK) introduced a Chief Executive Officers’ (CEOs) Survey in March 2021, with the objective of capturing information on top firms’ perceptions, expectations and decisions and supporting key policy decisions, including monetary policy. The...

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Third Party Credit Information Providers

The Credit Reference Bureau Regulations (2020) permit Credit Reference Bureaus (CRBs) to partner with approved third-party Credit Information Providers (CIPs), allowing CRBs to source credit information from the third parties. This enhances the CRBs’ databases,...

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MPC Flower Farms Survey of March 2021

The Central Bank of Kenya (CBK) conducted a survey on March 15-17, 2021 to assess the extent of recovery in the flower sector, particularly after the resurgence of the third wave of COVID-19 globally and discovery of new variants of the virus in some countries. The...

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Key CBK Indicative Exchange Rates
US DOLLAR 107.0600
STG POUND 147.6818
EURO 128.1450
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Posted On: 16-04-2021
Key Rates
Central Bank Rate 7.00% 29/03/2021
Inter-Bank Rate 4.96% 15/04/2021
CBK Discount Window 13.00% 27/01/2021
91-Day T-Bill 7.108% 19/04/2021
REPO 6.41% 30/03/2021
Inflation Rate 5.9% March,2021
Lending Rate 12.02% February,2021
Savings Rate 3.35% February,2021
Deposit Rate 6.46% February,2021
KBRR 8.9% 27/07/2016