Central Bank to retain benchmark rate, analysts say

Central Bank of Kenya building in Nairobi. 

Central Bank of Kenya (CBK) is unlikely to change the rate of borrowing when its monetary policy meeting convenes next week, analysts say. 

The analysts polled by The Standard say that with tame inflation, especially from low demand pressures, the Monetary Policy Committee will only meet to stick to the decision they first made in July last year to keep the benchmark rate at nine per cent.