×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

CBK faces pressure over US tariff, currency manipulation claims

Vocalize Pre-Player Loader

Audio By Vocalize

Central Bank of Kenya. (Courtesy)

Central Bank of Kenya's Monetary Policy Committee (MPC) convenes today for a closely watched meeting, with the fallout from a 10 per cent reciprocal tariff imposed by the Trump administration on Kenyan goods over claims of currency manipulation dominating discussions on the foreign exchange market.

The MPC, chaired by CBK Governor Kamau Thugge, will weigh various economic factors to determine its monetary policy stance aimed at maintaining price and macroeconomic stability.

Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Business
Gulf Energy secures oil rig ahead of Lokichar project kick-off
Business
Big win for Ruto as court clears path for sale of key State firms
Business
PwC now seeks buyers for Koko Networks assets
Business
Kenya Pipeline Company IPO extended by three working days