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CBK tipped to hike rate to tame inflation

The average commercial lending rate touched a 65-month high of 13.5% in July

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by The Star

Africa02 October 2023 - 15:25
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Central Bank of Kenya headquarters building along Haile Selassie avenue in Nairobi.

Interest on bank loans could rise further if the Central Bank of Kenya's Monetary Policy Committee reviews its rate as is widely expected.

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