Central Bank Rate Stories

In its proposal, CBK has emphasised the importance of operationalising policy decisions through tools like the interbank rate to ensure stronger trans...

The banks argue that after interest rate caps were introduced on interbank lending, the use of this rate as a base would be more responsive to market...

This is a 75 Basis Points slash, a larger cut compared to August's review when the apex bank lowered the benchmark lending rate by 25 basis points fro...