Markets

Kenyan shilling weakens as corporate demand for dollars surges

  • At 0835 GMT commercial banks quoted the shilling at 109.45/65, compared to Tuesday's close of 109.35/55.
Published February 17, 2021

NAIROBI: The Kenyan shilling weakened on Wednesday on the back of a surge in appetite for dollars from cooperates across different sectors including energy, traders said.

At 0835 GMT commercial banks quoted the shilling at 109.45/65, compared to Tuesday's close of 109.35/55.

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