Kenya raises interest rate to 7.5% in May 2022, first time in 7 years - Nairametrics


5/31/2022 12:00:00 AM2 years 11 months ago
by Zainab Iwayemi

For the first time in almost seven years, Kenya has raised its interest rate to curb inflation expectations as concerns

For the first time in almost seven years, Kenya has raised its interest rate to curb inflation expectations as concerns about commodity prices build. In a Bloomberg report, the central bank governor… [+2161 chars]

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