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Central bank to set rates at policy meeting on Sept 20

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
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
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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The Central Bank of Kenya said on Friday its Monetary Policy Committee will meet on Sep. 20 to set its benchmark lending rate.

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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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