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Kenyan shilling eases to new all-time low on increased importer demand

  • At 0827 GMT, commercial banks quoted the shilling at 109.45/65 to the dollar, compared with Thursday's close of 109.35/55.
Published November 20, 2020 Updated November 20, 2020 05:24pm
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By Reuters
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NAIROBI: Kenya's shilling weakened on Friday to a new all-time low due to increased importer dollar demand from across all sectors, traders said, adding they expect the trend to persist in coming days.

At 0827 GMT, commercial banks quoted the shilling at 109.45/65 to the dollar, compared with Thursday's close of 109.35/55.

Kenya's shilling

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