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Markets

Kenya's shilling inches down against the dollar

  • At 0839 GMT, commercial banks quoted the shilling at 108.40/60 per dollar, compared with 108.30/50 at Wednesday's close.
Published September 24, 2020 Updated September 24, 2020 03:55pm
By

NAIROBI: The Kenyan shilling edged down on Thursday as demand for dollars began to build up ahead the end of the month when firms typically meet their hard currency obligations, traders said.

At 0839 GMT, commercial banks quoted the shilling at 108.40/60 per dollar, compared with 108.30/50 at Wednesday's close.

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