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Markets

Kenyan shilling steady, tight liquidity helps

At 0748 GMT, commercial banks quoted the shilling at 106.70/90 per dollar, the same as Tuesday's close. NAIRO
20 May 2020
  • At 0748 GMT, commercial banks quoted the shilling at 106.70/90 per dollar, the same as Tuesday's close.

NAIROBI: The Kenyan shilling held steady on Wednesday supported by tight liquidity in the local money market that countered importer dollar demand, traders said.

At 0748 GMT, commercial banks quoted the shilling at 106.70/90 per dollar, the same as Tuesday's close.