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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. Kamau Thugge, CBS is the current Governor and Dr. Susan Koech is the Deputy Governor.
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 ...
The exchange rate of the Kenyan Shilling between 2003 and 2010 averaged about KSh74-78 per US Dollar. [66] The average inflation between 2005 and July 2015 was 8.5%. [67] In July 2015 Kenya's inflation rate was estimated to be 6.62%. [68]
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
Central Bank of Kenya Kamau Thugge (born 1st August, 1957) is a Kenyan economist, banker, and the tenth and current governor of the Central Bank of Kenya . He assumed office on 19 June 2023.
Governor, Central Bank of Kenya; Permanent Secretary, Ministry of Finance, Kenya ... 5.22 billion as at December 28, 2012 (US$64 million at the exchange rate then).
Njuguna S. Ndung'u is a Kenyan economist who is the ex-Minister of Finance in the cabinet of President William Samoei Ruto from October 2022 to July 2024. [1]Ndung'u previously served as the eighth Governor of the Central Bank of Kenya for two consecutive four-year terms, from March 2007 until March 2015.
This is a list of countries by annualized interest rate set by the central bank for charging commercial, ... Kenya: 10.75 0.50: 5 February 2025 [53] 5.81 4.94