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The Standard Group Plc is a
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NAIROBI, KENYA: Kenya's central bank held its benchmark lending rate at 11.50 percent for the second time in a row on Tuesday, saying inflation had fallen towards its medium-term target.
But the bank's Monetary Policy Committee (MPC), whose decision was expected by the markets, warned that sustained turbulence in global financial markets and projected heavy rains at home could pose risks to the outlook for inflation.
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