Markets

Kenyan shilling stable, draws support from central bank interventions

  • At 0841GMT commercial banks quoted the shilling at 108.50/70, same level as Thursday's close.
Published October 9, 2020 Updated October 9, 2020 04:29pm
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KAMPALA: The Kenyan shilling traded stable on Friday, drawing some support from the central bank intervention in the previous session via hard currency sales to try to soak up excess demand.

At 0841GMT commercial banks quoted the shilling at 108.50/70, same level as Thursday's close.