Markets
Kenya shilling steady, to weaken due to importer demand, dividends
- At 0738 GMT, commercial banks quoted the shilling at 110.00/110.20 to the dollar, unchanged from Thursday's close.
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NAIROBI: Kenya's shilling is expected it to weaken due to increased dollar demand from importers and companies preparing to pay dividends to their offshore investors, traders said on Friday.
At 0738 GMT, commercial banks quoted the shilling at 110.00/110.20 to the dollar, unchanged from Thursday's close.