Kenya Surprises by Hiking Key Rate to Almost 12-Year High : vimarsana.com

Kenya Surprises by Hiking Key Rate to Almost 12-Year High

(Bloomberg) -- The Central Bank of Kenya surprised financial markets by raising borrowing costs to their highest level since 2012 as risks to inflation remain elevated and to support the shilling. Bonds fell. Most Read from BloombergXi to Discuss China Stocks With Regulators as Rescue Bets BuildTrump Denied Immunity in DC Election Case by Appeals CourtKing Charles Treated for Cancer in New Royal Health ScareWall Street Snubs China for India in a Historic Markets ShiftWhy NYC Apartment Buildings

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