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CBK warns of expected rise in inflation, retains lending rates at 9 percent

Alice Njoroge (left) from Insurance Regulatory Authority and Dr. Freshia Mugo (centre) from Capital Markets Authority looks on as Central Bank of Kenya Governor Dr. Patrick Njoroge (right) address delegates during the opening of the 11th retreat of the board of directors of the financial sector regulators dubbed "Regulators role in development and regulations of non-conventional finance" at the Serena Beach Resort, August 29, 2018. [PHOTO BY GIDEON MAUNDU/STANDARD].

The Central Bank of Kenya’s Monetary Policy Committee has retained the Central Bank Rate at 9 percent.

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