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Kenya Interest Rate
Last Release
Jun 10, 2025
Actual
9.75
Units In
%
Previous
10
Frequency
Daily
Next Release
N/A
Time to Release
N/A
Highest | Lowest | Average | Date Range | Source |
84.67 Jul 1993 | 0.83 Sep 2003 | 12.94 % | 1991-2025 | Central Bank of Kenya |
In Kenya, interest rates decisions are taken by The Monetary Policy Committee (MPC) of the The Central Bank of Kenya. The official interest rate since August 2005 is the Central Bank Rate (CBR), which replaced the 91-day Treasury Bill (TB) rate.
Latest Updates
The Central Bank of Kenya lowered its benchmark interest rate by 25 basis points to 9.75% in June 2025, marking a sixth consecutive cut. The Monetary Policy Committee noted that inflation eased to 3.8% in May from 4.1% in April, staying below the 5±2.5% target midpoint. The decision aimed to support lending and economic activity, with the bank citing room for further monetary easing. Domestic lending rates have been falling, and private sector credit growth has shown modest recovery. The committee also considered global risks, including US-China trade tensions, conflicts in Ukraine and Palestine, slowing domestic growth, and the fact that major economies central banks have continued to cut rates cautiously
Kenya Interest Rate History
Last 12 readings