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Markets

Kenya shilling steady, expected to ease due to importer demand

At 0803 GMT, commercial banks quoted the shilling at 108.40/60 to the dollar, unchanged from Wednesday's close.

Published October 1, 2020 Updated October 1, 2020 04:06pm

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By Reuters

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NAIROBI: Kenya's shilling was stable on Thursday and traders said it was expected to weaken due to importer dollar demand, traders said.

At 0803 GMT, commercial banks quoted the shilling at 108.40/60 to the dollar, unchanged from Wednesday's close.

Kenyan shilling

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USD PKR Interbank Buying / Jun 30	278.16
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