Markets
Kenyan shilling seen under pressure as easing lockdown drives demand
- At 0950 GMT, commercial banks quoted the shilling at 108.40/60, the same level recorded at Tuesday's close.
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NAIROBI: The Kenyan shilling held steady on Wednesday and traders said the gradual loosening of the anti-coronavirus lockdown measures could fuel demand for dollars by manufacturers, putting pressure on the currency.
At 0950 GMT, commercial banks quoted the shilling at 108.40/60, the same level recorded at Tuesday's close.