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Central bank holds main lending rate at 9.0 per cent, says inflation expectations within target

Central Bank of Kenya Governor Patrick Njoroge (PHOTO/ Standard)

NAIROBI, KENYA: Central Bank of Kenya (CBK) held its benchmark lending rate at 9.0 percent on Wednesday, saying inflation expectations remain within the target range.

It was the fourth consecutive decision by the bank to keep rates on hold since September.

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