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flag Kenya's central bank keeps key interest rate at 8.75% due to rising global inflation.

flag Kenya's Central Bank has paused interest rate cuts, maintaining the benchmark lending rate at 8.75 percent. flag This decision follows ten consecutive reductions and comes amid rising global inflation linked to the Middle East conflict, which has driven up oil prices and increased risks to the local shilling. flag The bank aims to balance economic recovery with inflation control as it monitors the impact of these external shocks.

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