Markets

Kenyan shilling weakens as importer dollar demand weighs

  • At 0904 GMT, commercial banks quoted the shilling at 109.95/110.15 per dollar, compared with yesterday's close of 109.85/110.05.
Published November 26, 2020

NAIROBI: Kenya's shilling weakened on Thursday against the dollar due to demand from merchandise and energy importers looking to meet their end-of month of obligations, traders said.

At 0904 GMT, commercial banks quoted the shilling at 109.95/110.15 per dollar, compared with yesterday's close of 109.85/110.05.

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