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New data Interest Rate Decision (Feb)

2/5/2025

actual 10.75, previous 11.25

The event is the Interest Rate Decision for Kenya in February 2025. The actual interest rate announced is 10.75%, which is a decrease of 0.5% from the previous rate of 11.25%. This decision was considered to have a low impact on the economy. The currency involved is the Kenyan Shilling (KES). The percentage change in the interest rate is -4.44%, indicating a slight reduction in the borrowing cost set by the central bank.

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