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| CENTRAL BANK OF KENYA |
Nairobi; Kenya: The Central Bank of Kenya (CBK) is likely to put off raising interest rates until the second quarter of next year as tumbling oil prices keep a lid on inflation, a Reuters poll found.
All but one of 14 economists surveyed this week said the central bank will keep its benchmark rate steady at 8.5 per cent when the bank meets on Tuesday. The exception, Rand Merchant Bank, forecast a 50 basis-point rise to 9 percent.
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