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Markets

Kenyan shilling stable amid slow dollar demand

The shilling at 100.55/75 per dollar, the same as Friday's close. NAIROBI: The Kenyan shilling was stable on
Published February 17, 2020 Updated February 17, 2020 10:59am
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By Reuters
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  • The shilling at 100.55/75 per dollar, the same as Friday's close.

NAIROBI: The Kenyan shilling was stable on Monday supported by inflows from remittances and offshore investors amid slow dollar demand from merchandise importers, traders said.

At 0855 GMT, commercial banks quoted the shilling at 100.55/75 per dollar, the same as Friday's close.

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