Next MPC meeting set for 29th September

CBK

Central Bank of Kenya (CBK) has announced that the next Monetary Policy Committee meeting will be held on Tuesday 29th September.

MPC retained the Central Bank Rate at 7 per cent during the last meeting which happened on 29th July.

The next meeting will be held again amid COVID-19 pandemic when the MPC will release the results of the emergency measures set last time.

The CBK is expected to say something especially about the waiving of MPesa transfer charges for amounts below ksh 1000 after Safaricom issued a new idea to avoid more losses.

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