Kenyan shilling stable as business resumes for new year

Kenya 20 shillings coins are seen in a plastic container 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 on Friday with inflows from remittances and offshore investors buying government debt meeting dollar demand from merchandise importers, traders said.

At 0800 GMT, commercial banks quoted the shilling at 100.90/101.10 per dollar, the same as Thursday’s close.

Reporting by John Ndiso; Editing by Clement Uwiringiyimana

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