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CBK faces pressure over US tariff, currency manipulation claims

Central Bank of Kenya. (Courtesy)

Central Bank of Kenya's Monetary Policy Committee (MPC) convenes today for a closely watched meeting, with the fallout from a 10 per cent reciprocal tariff imposed by the Trump administration on Kenyan goods over claims of currency manipulation dominating discussions on the foreign exchange market.

The MPC, chaired by CBK Governor Kamau Thugge, will weigh various economic factors to determine its monetary policy stance aimed at maintaining price and macroeconomic stability.

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