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Kenyan shilling strengthens against the dollar

Commercial banks quoted the shilling at 103.65/85 per dollar. NAIROBI: The Kenyan shilling strengthened again
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By Reuters
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  • Commercial banks quoted the shilling at 103.65/85 per dollar.

NAIROBI: The Kenyan shilling strengthened against the dollar on Wednesday due to inflows from offshore investors buying government debt and tightening liquidity in the local money market, traders said.

At 0836 GMT, commercial banks quoted the shilling at 103.65/85 per dollar, compared with 103.75/95 at Tuesday's close.

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