NAIROBI, Jan. 27 (Xinhua) -- The Central Bank of Kenya (CBK) on Wednesday retained its benchmark lending rate at 7.0 percent amid post-COVID-19 economic recovery.
Patrick Njoroge, CBK governor, who chaired the Monetary Policy Committee (MPC) meeting in Nairobi said that the package of policy measures implemented since March 2020 was having the intended effect on the economy, and are being augmented by the implementation of a number of fiscal measures in the 2020-21 financial year.
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