Economy

Kenya's cenbank sets next Monetary Policy committee meet on June 9

Date: May 27, 2015

Kenya's central bank will hold its next Monetary Policy Committee meeting on June 9, the bank said in a notice on its website.

At its last meeting on May 6, it held the benchmark lending rate at 8.50 percent.

The bank, which typically holds the meeting once every three months, did not give a reason for bringing forward the meeting, but the move comes at a time when the shilling has experienced rapid weakening. –reuters--

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