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CBK Lowers Interest Rate to 10.75%, Warns Banks to Cut Loan Costs or Face Penalties - Tuko.co.ke
https://www.tuko.co.ke/business-economy/economy/577936-cbk-cuts-interest-rates-by-50-points-cautions-banks-loan-rates-accordingly/
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The CBK lowered the Central Bank Rate to 10.75% and the Cash Reserve Ratio to 3.25% to boost credit access, urging banks to cut lending rates or face penalties.
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