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Markets

Kenyan shilling firms against the dollar

The Kenyan shilling firmed slightly against the dollar on Tuesday as inflows from diaspora and offshore investors b
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  • The Kenyan shilling firmed slightly against the dollar on Tuesday as inflows from diaspora and offshore investors buying government debt helped ease liquidity pressure in the local money market.

NAIROBI: The Kenyan shilling firmed slightly against the dollar on Tuesday as inflows from diaspora and offshore investors buying government debt helped ease liquidity pressure in the local money market, traders said.

At 0853 GMT, commercial banks quoted the shilling at 103.70/90 per dollar, compared with 103.80/104.00 at Monday's

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