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
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,...
read moreMarket 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,...
read moreAgriculture 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...
read moreDiscussion Paper on Central Bank Digital Currency: Comments from the Public
In February 2022, the Central Bank of Kenya (CBK) issued a Discussion Paper on Central Bank Digital Currency and sought views from the public on the potential applicability of a Central Bank Digital Currency (CBDC) in Kenya. The objective was to inform policy...
read moreMPC Media Briefing May 31, 2023
The Governor of the Central Bank of Kenya, Dr. Patrick Njoroge, hosted a press briefing on Wednesday May 31, 2023, after the Monetary Policy Committee meeting on Monday May 29.
read moreMPC retains CBR at 9.50 percent
The Monetary Policy Committee retained the Central Bank Rate (CBR) at 9.50 percent at its May 29, 2023 meeting. Read more…
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