Kenyan shilling holds steady against dollar


Kenya shilling coins and notes are pictured inside a cashier’s booth at a forex exchange bureau in Kenya’s capital Nairobi, April 20, 2016. REUTERS/Thomas Mukoya?

NAIROBI (Reuters) – The Kenyan shilling was stable against the dollar on Wednesday mainly due to low demand for hard currency from importers, traders said.

At 0849 GMT, commercial banks quoted the shilling at 101.25/45 per dollar, compared with 101.15/35 at Tuesday’s close.

Reporting by John Ndiso; Editing by Duncan Miriri



Source link

Spread the love

Leave a Reply

Your email address will not be published. Required fields are marked *