Interest Rates The interest rates include the historical rates on: Commercial banks monthly weighted average Lending, Deposit, Overdraft and Savings Rates. Central Bank interest rates, comprising the Repo and Reverse Repo Rate, Central Bank Rate (CBR), Interbank Rate...
Interbank Rates The interbank money market is a market in which banks extend loans to one another for a specified term. Most interbank loans are for maturities of one week or less, the majority being overnight. Such loans are made at the interbank rate (also called...
Foreign Exchange Rates The Financial Markets department compiles indicative foreign exchange rates daily for use by the general public. These rates reflect the average buying and selling rates of the major participants in the foreign exchange market at the open of...
Banking Sector
The Central Bank of Kenya has released the Bank Supervision Annual Report for 2019. The 2019 report is themed “At the Crossroads” as the Kenyan banking sector witnessed the repeal of interest rates caps in 2019. This marked a watershed moment after three years of...
Read More Dr. Baranski was appointed the first Governor in May 1966, on secondment from the International Monetary Fund (IMF). During his one year tenure, the CBK commenced operationalizing the CBK Act, assumed responsibility for monetary policy and management of the...
