FX.co ★ Kenya Delivers 10th Straight Rate Cut

On February 10, 2026, Kenya's central bank lowered its benchmark interest rate by 25 basis points to 8.75%, marking the tenth consecutive reduction, following a similar cut in December. Policymakers noted that the move builds on earlier measures aimed at stimulating private-sector credit growth and supporting overall economic activity, while maintaining price stability and a stable exchange rate. Kenya’s annual inflation rate eased to a six-month low of 4.4% in January 2026, down from 4.5% in both December and November, and has remained below the 5% midpoint of the central bank’s target range since mid-2024.