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Markets

Kenyan shilling stable, inflows from government bond buyers helping

Kenyan shilling was stable on Monday, with inflows from investors buying government Treasury bills and bonds seen o
Published October 7, 2019
  • Kenyan shilling was stable on Monday, with inflows from investors buying government Treasury bills and bonds seen offering support against excess liquidity in the money markets.

NAIROBI: The Kenyan shilling was stable on Monday, with inflows from investors buying government Treasury bills and bonds seen offering support against excess liquidity in the money markets, traders said.

At 0847 GMT, commercial banks quoted the shilling at 103.75/95 per dollar, the same as Friday's close.

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