Markets

Kenyan shilling weakens due to energy sector dollar demand

  • At 0814 GMT, commercial banks quoted the shilling at 109.55/75 to the dollar.
Published January 12, 2021 Updated January 12, 2021 03:34pm
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NAIROBI: Kenya's shilling weakened on Tuesday due to increased dollar demand from the energy sector, traders said.

At 0814 GMT, commercial banks quoted the shilling at 109.55/75 to the dollar, compared with Monday's close of 109.45/65.