Thursday, 25 April 2013 14:01
Posted by Shoaib-ur-Rehman Siddiqui
NAIROBI: The Kenyan shilling was steady on Thursday, with traders expecting it to strengthen because of foreign investors selling dollars to pay for Treasury bonds auctioned in the previous session.At 0822 GMT, commercial banks quoted the shilling at 83.65/85 against the dollar, the same level it closed at on Wednesday."Demand (for dollars) is muted for now, but we expect to see offshore investors coming in to sell dollars today and tomorrow before the payments fall ...