Markets

Kenyan shilling weakens due to increased importer dollar demand

  • At 0812 GMT, commercial banks quoted the shilling at 109.15/109.35 to the dollar.
Published December 30, 2020 Updated December 30, 2020 03:07pm
By

NAIROBI: The Kenyan shilling weakened on Wednesday due to increased dollar demand from importers in various sectors, traders said.

At 0812 GMT, commercial banks quoted the shilling at 109.15/109.35 to the dollar, compared with Tuesday's close of 108.80/109.10.