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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

MEFMI Vacancy – Programme Manager

The Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI) is inviting applications for the position of Programme Manager – Debt Management Policies and Strategies.  The deadline for submitting applications is May 4, 2018. Read...

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Market Perceptions Survey Report – March 2018

The Central Bank of Kenya undertakes a Market Perceptions Survey every two months, prior to every Monetary Policy Committee meeting, to obtain the expectations of banks and non-bank private sector firms on selected economic indicators. Read the report of the March...

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Guidance Note on Implementation of IFRS 9

The Central Bank of Kenya has issued a Guidance Note to commercial banks, mortgage finance companies and microfinance banks on regulatory capital treatment of provisions arising from implementation of the International Financial Reporting Standard (IFRS) 9. Read...

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Key CBK Indicative Exchange Rates
US DOLLAR 101.0711
STG POUND 135.3208
EURO 118.4964
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Posted On: 25-05-2018
Key Rates
Central Bank Rate 9.50% 19/03/2018
Inter-Bank Rate 5.70% 25/05/2018
CBK Discount Window 15.50% 19/03/2018
91-Day T-Bill 7.939% 28/05/2018
REPO 0.00% 04/01/2018
Inflation Rate 3.73% April,2018
Lending Rate 13.64% December,2017
Savings Rate 6.91% December,2017
Deposit Rate 8.22% December,2017
KBRR 8.9% 25/07/2016