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Letter of Intent sent to the IMF by the authorities of Kenya* 379.96 million (140 percent of quota) would become available upon Board approval. CBK's overdraft facility, while allowing room during the transition and within the legal ceiling. (5 percent of the latest audited revenues) to deal with situations of urgent liquidity
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Sep 8, 2016 Kenya's interest-rate capCeiling whacks Latest stories Bank shares fell sharply on the Nairobi stock exchange after the law was passed.
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