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Markets

Kenyan shilling weakens a notch on end-month importer demand

At 0823 GMT, commercial banks quoted the shilling at 107.10/30 per dollar, compared with 107.05/25 at Tuesday's clo
Published May 27, 2020 Updated May 27, 2020 11:11am
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  • At 0823 GMT, commercial banks quoted the shilling at 107.10/30 per dollar, compared with 107.05/25 at Tuesday's close.

NAIROBI: The Kenyan shilling weakened slightly on Wednesday due to some manufacturers and merchandise importers buying dollars to meet their end month obligations, traders said.

At 0823 GMT, commercial banks quoted the shilling at 107.10/30 per dollar, compared with 107.05/25 at Tuesday's close.

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