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Borrowers exposed to costly loans as CBK raises base lending rate

The Monetary Policy Committee on Thursday increased it to 8.25 per cent.

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by The Star

News29 September 2022 - 18:03
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CBK Governor Patrick Njoroge

The Central Bank of Kenya has raised the base lending rate to 8.25 per cent, setting room for expensive loans that will hit hard households and SMEs.

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