CBK
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Markets
CBK Approves LemFi Operations in Kenyan Market
RightCard Payment Services Limited, operating under the brand name LemFi, has entered into Kenyan to enable Kenyans to send cash…
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Markets
CBK Rejects Ksh.37 Billion From Investors After Bond Sale
The Central Bank of Kenya (CBK has raised Ksh.59 billion through Treasury Bond, surpassing the initial offer of Ksh.40 billion…
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Kenya
Kenya Raises Benchmark Lending Rate to 12-Year High
Central Bank of Kenya (CBK) has raised its benchmark interest rate to 13%, the highest level since 2012 to curb…
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Markets
Banks Faced With Tricky Trade-Off on Raising Rates Over Default Fears
The New Year 2024 brings difficult choices for commercial banks, who have to decide whether to increase their lending rates…
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Markets
Treasury Seeks Ksh.50BN in Domestic Market to Finance Projects
The Central Bank of Kenya (CBK) published the prospectus for the November Treasury Bond and is seeking to raise Ksh.50…
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Currencies
State opts for short-term bonds as shilling value dips 0.5% against Dollar in under a week
The Kenya Shilling has continued to shed its value against the US Dollar, having lost 0.58 percent in value for…
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Markets
State raises Ksh.52.1 billion from 5 & 10-year re-opened bond
Central Bank of Kenya (CBK) released the auction results for the newly issued bond FXD1/2023/05 with a tenor to maturity…
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Markets
T-Bills subscription up 667% to Ksh.26.7 billion for first time in four weeks
In last week’s Central Bank of Kenya (CBK) data, Treasury Bills (T-Bills) were oversubscribed for the first time in four…
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News
How Kenya Shilling is trading against dollar in Dr. Thugge’s first week in office
Over the last 12 months, the Kenya Shilling has lost its grip against the US Dollar, shedding 13 percent of…
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