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Blow as cost of credit rises to 17-month high

Revellers at a bar in Nairobi following the lifting of the night-time curfew last month. [Wilberforce Okwiri, Standard]

The cost of credit has risen to a 17-month high, with banks charging an average of 12.12 per cent interest on loans in August, data from the Central Bank of Kenya (CBK) shows.

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