Bloomberg News

Kenyan Central Bank Cancels MPC Meeting Scheduled for End-Sept.

September 15, 2011

Sept. 15 (Bloomberg) -- The Kenyan central bank’s Monetary Policy Committee canceled a meeting scheduled for the end of this month after holding a special meeting yesterday, said Sheila M’Mbijjewe, a member of the MPC.

“The MPC had a very extensive meeting yesterday and we will continue to monitor the situation,” M’Mbijjewe said in a phone interview today from Nairobi. “We will meet whenever necessary. But the meeting that was originally scheduled at the end of the month will be not necessary.”

The law requires the committee meets at least every two months, she said.

To contact the reporter on this story: Sarah McGregor in Nairobi at smcgregor5@bloomberg.net

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net


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