Kenya central bank holds key rate, growth forecasts unchanged

A general view shows the Central Bank of Kenya headquarters building along Haile Selassie Avenue in Nairobi, Kenya November 28, 2018. REUTERS/Njeri Mwangi

NAIROBI (Reuters) – Kenya’s central bank maintained its benchmark lending rate on Tuesday, as expected, saying its policy stance was appropriate though there was still a need to monitor changes in global oil prices and any second-round effects on inflation.