The governor, therefore, used the data on the weaker competitive position compared to the regional peers to back the CBK position that the shilling was artificially propped up when regional currencies were weakening against the dollar between 2020-2022. He noted that Kenya’s ratio of exports of...
The Governor of the Central Bank of Kenya, Dr. Patrick Njoroge, has been felicitated with the Central Banker of the Year Award (Africa) for 2018 by the Financial Times Group’s monthly publication ‘The Banker’. Mr Njoroge was recognized for his contribution in the makeover of Kenya’s fi...
around the introduction of Central Bank Digital Currencies. The push comes as a result of mushrooming of private cryptocurrencies and we are already feeling left out and need to create our own space,” said Central Bank of Kenya Governor Dr Patrick Njoroge. ...
Patrick Njoroge’s tenure as the Central Bank of Kenya (CBK) governor comes to an end in June and already a search for his replacement has kicked off.
The Central Bank of Kenya (CBK) has announced significant updates to Kenyan banknotes, including new signatures, the year 2024, and advanced security threads. The Ksh.1,000 note will lead the rollout, with other denominations to follow. Existing notes wi
CBK is holding private meetings with banks to try to persuade them against aggressive quotes of the dollar.
Central Bank Governor Professor Njuguna has confided in camera the names of three banks that are alleged to have been involved in malpractices that led to the drastic slide of the Kenya shilling late last year. Pushed to the wall by members of the parliamentary select committee investigating the...
Thursday, November 14, 2024 Login NEWSLETTER Home News Business News Real Estate Mwananchi Finances Watch & Listen Events byJackson Okoth July 28, 2021 inBanking,Kenyan News Reading Time: 3 mins read CBK Governor Patrick Njoroge The Central Bank of Kenya(CBK) intends to modernize its monetary ...
The Central Bank of Kenya(CBK) has invited investors to bid for KSh 60 Billion worth of Treasury Bonds. The proceeds will be used for budgetary support. All bids must be submitted to any branch of CBK, Treasury Mobile Direct (TMD) or CBK internet Banking by 2.00 p.m on Tuesday, 21st ...
The Central Bank of Kenya (CBK) has frozen a push by big banks to raise the cost of loans for borrowers.