Markets

Kenyan shilling stable, demand by energy importers eyed

  • At 0742 GMT, commercial banks quoted the shilling at 108.45/65, compared with Friday's closing rate of 108.40/60.
Published October 5, 2020 Updated October 5, 2020 04:47pm
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NAIROBI: The Kenyan shilling was little-changed on Monday and traders said it could depreciate due to hard currency demand from energy sector importers.

At 0742 GMT, commercial banks quoted the shilling at 108.45/65, compared with Friday's closing rate of 108.40/60.