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Posted on : Mar 07, 2014 At 1000hrs

US DOLLAR : 86.5194 -0.0112| STG POUND : 144.839 0.258| EURO : 119.925 1.162| SA RAND : 8.1264 0.0406| KES / USHS : 29.0456 -0.0771| KES / TSHS : 18.7589 -0.0553| KES / RWF : 7.8365 0.0126| KES / BIF : 17.9822 -0.0002| AE DIRHAM : 23.5558 -0.0024| CAN $ : 78.6299 0.3095| S FRANC : 98.4086 1.0315| JPY (100) : 84.0568 -0.1138| SW KRONER : 13.53 0.0797| NOR KRONER : 14.4581 0.0417| DAN KRONER : 16.0699 0.1319| IND RUPEE : 1.4181 0.0084| HONGKONG DOLLAR : 11.149 -0.0024| SINGAPORE DOLLAR : 68.4571 0.304| SAUDI RIYAL : 23.0697 -0.003| CHINESE YUAN : 14.1475 0.0702| AUSTRALIAN $ : 78.6678 1.3614|
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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

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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Dispora Remittances for December 2013
24 January 2014
In December 2013 remittance inflows amounted to USD 113.2 million. Total remittances recorded in 2013 10.3 percent higher than recorded in 2012.
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Slight Increment in Diaspora Remittances
20 January 2014
There was a slight increase of diaspora remittances in November from the October remittances.
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US DOLLAR86.5194
STG POUND144.839
EURO119.925

Posted on Mar 07, 2014

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Central Bank Rate 8.50% 04/03/2014
Interbank Rate 5.3407% 07/03/2014
CBK Discount Window 14.5% 07/05/2013
91 Day T-Bill 9.116% Feb,2014
REPO 6.776% 07/03/2014
Inflation Rate 6.86% Feb,2014
Lending Rate 17.03% Jan,2014
Savings Rate 1.56% Jan,2014
Deposit Rate 6.55% Jan,2014

payLegislation and Guidelines

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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