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Kenya Interest Rate
Last Release
Jul 31, 2025
Actual
9.75
Units In
%
Previous
9.75
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 | 12.93 % | 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 reduced its benchmark interest rate by another 25 basis points to 9.50% in August 2025, marking a seventh consecutive cut. Kenya's annual inflation accelerated to 4.1% in July 2025, from 3.8% in June but remained within the central bank's target range of 2.5% to 7.5%. Governor Kamau Thugge explained that the MPC cut rates to continue promoting lending to the private sector and economic growth, ensuring inflation expectations remain anchored and the exchange rate steady. The central bank has lowered borrowing costs by a cumulative 350-basis points since August 2024.
Kenya Interest Rate History
Last 12 readings
