CBK defends move to tighten liquidity levels

66 views · Published 22 October 2015 · 2:12 · Indexed 6 November 2026

Channel: KBC Channel 1 · 2015 · News & Politics

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The central bank has defended its position to tighten liquidity levels noting that the decision has stabilized the money market. Central bank governor Dr. Patrick Njoroge says the decision has helped anchor inflationary pressures as well as help the shilling strengthen. This comes even as borrowers have been slapped with costly loans from commercial banks.
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