Central Bank of Kenya holds the Central Bank Rate at 8.75 per cent

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Central Bank of Kenya holds the Central Bank Rate at 8.75 per cent

17 October 2026

The Monetary Policy Committee of the Central Bank of Kenya retained the Central Bank Rate at 8.75 per cent at its meeting of 7 October 2026.
The Central Bank Rate is the benchmark rate at which the Central Bank of Kenya lends to commercial banks, and it anchors lending rates across the Kenyan banking system.
The bank's key rates table records overall inflation at 6.8 per cent for September 2026.
The Monetary Policy Committee is the body that sets the Central Bank Rate, and its decisions are published as a press release after each meeting.

Central Bank Rate: 8.75 per cent Meeting date: 7 October 2026 Overall inflation, September 2026: 6.8 per cent

Why it matters for exams: Examiners pair India's repo rate with other central banks' benchmark rates, and Kenya's Central Bank Rate is the standard comparison for an African economy.

Kerala PSCUPSCBank

17 October 2026 Source: Central Bank of Kenya

In plain words

CBR Central Bank Rate — The benchmark policy rate of the Central Bank of Kenya, the counterpart of India's repo rate.

MPC Monetary Policy Committee — The committee inside a central bank that decides the policy interest rate.