National Payments System A payments System refers to a system or arrangement that enables payments to be effected between a payer and a beneficiary, or facilitates the circulation of money, and includes any instruments and procedures that relate to the system....
Currency Services By law, the Central Bank of Kenya is the only institution in the country that can issue currency. To successfully accomplish this mandate, the Central Bank ensures that it procures adequate and secure currency for distribution to meet the country’s...
Banking Services The Central Bank is the banker for the government, encompassing the national government, government ministries, departments & agencies (MDA’S) and county governments. These institutions hold a variety of accounts with the Central Bank, depending...
Monetary Policy Monetary policy consists of decisions and actions taken by the Central Bank to ensure that the supply of money in the economy is consistent with growth and price objectives set by the government. The objective of monetary policy is to maintain price...
Forex The exchange rate published by the Central Bank of Kenya is meant to help those exchanging currencies gauge the value of the shilling on any given day. The exchange rate is calculated as the weighted average rate of the registered spot trades in the interbank...
