Kenya's central bank not likely to increase interest rates on Monday

JOHANNESBURG – Faster inflation in Kenya will not prompt the Central Bank of Kenya to hike interest rates on Monday, according to a Reuters poll of economists who note that most of the price pressure is being stoked by food prices amid an acute drought in East Africa.
CBK is expected to keep rates at 10 per cent on March 27. / Net photo.
CBK is expected to keep rates at 10 per cent on March 27. / Net photo.
Quartz