Kenyan shilling firms against the dollar


Kenya Central Bank Governor Patrick Njoroge displays the newly designed Kenyan shilling bank notes during a news conference at the Central Bank in Nairobi, Kenya, June 3, 2019. REUTERS/Baz Ratner

NAIROBI (Reuters) – The Kenyan shilling firmed against the dollar on Monday supported by tightening liquidity in the local money market and inflows from diaspora remittances, traders said.

At 0838 GMT, commercial banks quoted the shilling at 101.35/55 per dollar, compared with 101.45/65 at Friday’s close.

Reporting by John Ndiso; editing by Omar Mohammed



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