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Markets

Kenyan shilling weakens amid demand for dollars from importers

  • At 0820 GMT, commercial banks quoted the shilling at 111.50/111.70 per dollar, compared with Monday's close of 111.45/111.755.
15 Dec, 2020

NAIROBI: The Kenyan shilling weakened slightly against the dollar on Tuesday due to dollar demand from merchandise importers doing last minute purchases before the Christmas holiday, traders said.

At 0820 GMT, commercial banks quoted the shilling at 111.50/111.70 per dollar, compared with Monday's close of 111.45/111.755.

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