Kenyan Central Bank Moves to Ease Investors' Vote Concerns
- Institutions show Kenya is mature democracy, Njoroge says
- Inflation ‘well anchored’ despite drought’s impact on food
Kenya Central Bank Sees Inflation 'Well Anchored'
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Kenya’s central bank is communicating a sense of normalcy and continuity to investors amid uncertainty about the country’s protracted elections, Governor Patrick Njoroge said.
Institutions including the nation’s courts show Kenya is a “mature” democracy, Njoroge said in an interview with Bloomberg TV in London on Tuesday. While liquidity in the country’s money markets is tight at the moment, it has “nothing to do with the political circumstances,” he said.