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Markets

Kenyan shilling strengthens due to high dollar liquidity

Published Updated

NAIROBI: The Kenyan shilling strengthened against the dollar on Tuesday due to high dollar liquidity in the money markets from offshore investors buying government bonds, traders said.

At 0806 GMT, commercial banks quoted the shilling at 101.25/45 per dollar compared with 101.35/55 at Monday's close.

 

 

Copyright Reuters, 2018
 

 

 

 

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