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US$7.510 million [1] Preceded by. East African Currency Board. Website. www.centralbank.go.ke. The Central Bank of Kenya (CBK) (Swahili: Banki Kuu ya Kenya) is the monetary authority of Kenya. Its head office is located in Nairobi. CBK was founded by in 1966 after the dissolution of East African Currency Board (EACB). Dr.
Chris Kiptoo (born 31 December 1967) is a Principal Secretary (PS) for National Treasury in Kenya. [3][4][5] He assumed office on 4 December 2022, [3] following reassignment by H.E. President wiliam ruto . [6][7][8][9][10] He has also had a career spanning 15 years at the Central Bank of Kenya (CBK) as a manager during which he was seconded to ...
The Capital Markets Authority of Kenya (CMA) is a government financial regulatory entity responsible for supervising, licensing and monitoring the activities of the capital markets within the Republic of Kenya, market intermediaries, including the stock exchange, and the central depository and settlement system and all other persons licensed under the Capital Markets Act of Kenya.
Years active. 1985 — present. Known for. Fiscal discipline. Title. Governor. Central Bank of Kenya. Kamau Thugge (born 1960) is a Kenyan economist, banker, and the tenth and current governor of the Central Bank of Kenya. He assumed office on 19 June 2023.
The economy of Kenya is market-based with a few state enterprises. Kenya has an emerging market and is an averagely industrialised nation ahead of its East African peers. Currently a lower middle income nation, Kenya plans to be a newly industrialised nation by 2030. The major industries driving the Kenyan economy include financial services ...
The Governor of the Central Bank of Kenya is the chief executive officer of the Central Bank of Kenya. The Governor also serves as a member of the board of directors of the central bank. The current governor is Dr. Kamau Thugge, who was nominated by president William Ruto on the 15th of May 2023 after a competitive recruitment process carried ...
The Central Bank of Kenya issued notes in denominations of 5/=, 10/=, 20/=, 50/= and 100/=. All of the notes feature a portrait of Kenya's first prime minister and president, Jomo Kenyatta, on the front and diverse economic activities on the back. [9] 5/= notes were replaced by coins in 1985, with the same happening to 10/= and 20/= in 1994 and ...
Inflation's down with the help of lower oil prices. Inflation in the 20 countries that use the euro currency fell to 2.2% in August, not far from the ECB’s 2% target, down from 10.6% at its peak ...