Markets

Kenyan shilling seen under pressure from company dollar demand

Published December 8, 2016 Updated December 8, 2016 02:19pm

NAIROBI: The Kenyan shilling was steady on Thursday, but was seen under weakening pressure due to dollar demand from companies, traders said.

At 1100 GMT, commercial banks quoted the shilling at 101.85/102.05 to the dollar, the same as Wednesday's close.

Copyright Reuters, 2016