Markets
Kenyan shilling under pressure from energy sector dollar demand
- At 0830 GMT, commercial banks quoted the shilling at 107.35/55 per dollar, compared with 107.25/45 at Friday's close.
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NAIROBI: The Kenyan shilling was under pressure on Monday due to dollar demand from the energy and manufacturing sector outstripping hard currency inflows from remittances, traders said.
At 0830 GMT, commercial banks quoted the shilling at 107.35/55 per dollar, compared with 107.25/45 at Friday's close.