Markets

Kenya's shilling inches down as demand for dollars increases

  • At 0856 GMT, commercial banks quoted the shilling at 110.80/111.00 per dollar, compared with Tuesday's close of 110.70/90.
Published November 25, 2020 Updated November 25, 2020 05:32pm
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NAIROBI: Kenya's shilling edged down on Wednesday as end-of-month demand for dollars continued to pour in from energy and merchandise importers, traders said.

At 0856 GMT, commercial banks quoted the shilling at 110.80/111.00 per dollar, compared with Tuesday's close of 110.70/90.