Kamau Thugge

governor of the Central Bank of Kenya

13 stories

10 quotes

Inflation is expected to increase in 2026 on account of higher oil prices and the situation in the Middle East,
We are in the process of discussing with the World Bank on the DPO, and I hope that the DPO will go to the World Bank Board for discussion fairly shortly,
This framework has continued to support the stability of the Kenya Shilling overnight interbank average, and this has now been aligned and is aligned very closely to the CBR,
We were waiting for this kind of shock,... That is why we built up our reserves to the level where they are now,
Kenya’s shilling weakened slightly at the peak of the fighting between the U.S. and Israel and Iran but has since clawed back most of the losses,
On the issue of the IMF, we did have an IMF mission last month. We will continue those discussions in Washington later on this month, and we hope for a positive outcome,

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