Central Bank to set key lending rate on March 22

Friday March 4 2016

The Central Bank of Kenya headquarters in Nairobi. The CBK now requires banks to obtain more information on customers depositing or withdrawing more than  Sh1 million. PHOTO | FILE

The Central Bank of Kenya headquarters in Nairobi. PHOTO | FILE 

By REUTERS
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The central bank's Monetary Policy Committee (MPC) will meet to set its key lending rate on March 21, the bank said on Friday.

The MPC left the benchmark Central Bank Rate unchanged at 11.5 percent when it last met on January 20.