Goldman Sachs has lauded the changes made by Kenya’s central bank to its monetary policy as “credit positive.” This new policy should boost foreign investment and provide greater exchange-rate flexibility. While the interest rates remained constant at 10.5%, the central bank adopted a framework suggested by the IMF, introducing an interest-rate corridor of ±250 bps around the benchmark rate. This shift and a perceived hawkish approach are attributed to the new leadership under governor Kamau Thugge.