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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

Kenya Financial Sector Stability Report 2021

The Central Bank of Kenya on behalf of the Financial Sector Regulators has released the Kenya Financial Sector Stability Report, 2021. The report provides an assessment of the global and domestic economic and financial sector developments from January 2021 to June...

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CBK Internship Program

The Central Bank of Kenya invites applications for its six months’ internship program. Opportunities are currently available in the following functions; Finance, Research, Banking and Payment Services, Human Resources, Communications and Legal Services. The deadline...

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MPC CEOs Survey of July 2022

The Central Bank of Kenya (CBK) has released the report of the July 2022 CEOs Survey. The Survey is conducted every two months, prior to the Monetary Policy Committee meeting. The objective of the Survey is to capture information on top firms’ perceptions,...

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MPC Market Perceptions Survey of July 2022

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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MPC Agriculture Survey, July 2022

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 119.3559
STG POUND 144.8009
EURO 122.5900
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Posted On: 15-08-2022
Key Rates
Central Bank Rate 7.50% 27/07/2022
Inter-Bank Rate 5.56% 15/08/2022
CBK Discount Window 13.50% 27/07/2022
91-Day T-Bill 8.565% 15/08/2022
REPO 7.31% 08/07/2022
Inflation Rate 8.32% July,2022
Lending Rate 12.27% June,2022
Savings Rate 2.5% June,2022
Deposit Rate 6.62% June,2022
KBRR 8.9% 27/07/2016