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    Kenyan Central Bank Raises Key Rate by 75 Basis Points

    Kenyan Central Bank Raises Key Rate by 75 Basis Points

    The monetary policy committee of the Kenyan central bank recently revealed it increased the central bank rate by 75 basis points from 7.5% to 8.25%. Justifying its decision to act, the committee cites growing inflationary pressures and increased global risks, as well...
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