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Markets

Kenyan shilling strengthens, remittances help

The shilling at 100.35/55 per dollar, compared with 100.45/65 at Friday's close. NAIROBI: The Kenyan shilling
Published February 3, 2020
  • The shilling at 100.35/55 per dollar, compared with 100.45/65 at Friday's close.

NAIROBI: The Kenyan shilling strengthened on Monday supported by inflows from remittances and offshore investors interested in buying government bonds, traders said.

At 0704 GMT, commercial banks quoted the shilling at 100.35/55 per dollar, compared with 100.45/65 at Friday's close.

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