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NAIROBI: Kenya’s shilling eased on Thursday, under pressure due to pent up importer demand for dollars from most sectors of the economy after the holidays, traders said.
Kenyan shilling weakens; FX demand from manufacturing and oil weighs
At 0713 GMT, commercial banks quoted the shilling at 158.75/159.75 per dollar, compared with Wednesday’s closing rate of 157.70/158.70.