The Central Bank of Kenya said on Friday its Monetary Policy Committee will meet on Sep. 20 to set its benchmark lending rate.
Central bank to set rates at policy meeting on Sept 20
The bank held its lending rate at 10.5 percent, saying recent increases in fuel taxes would temporarily put upward pressure on inflation
A teller arranges Kenya shilling coins and notes inside the cashier's booth at a forex exchange bureau in Kenya's capital Nairobi, April 20, 2016. REUTERS/Thomas Mukoya
At its last meeting in July, the bank held its lending rate at 10.5 percent, saying recent increases in fuel taxes would temporarily put upward pressure on inflation.
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