Kenyan shilling firms on limp dollar demand

Kenya’s shilling strengthened against the dollar on Wednesday, as scant foreign exchange demand was met by stronger...
27 Mar, 2024

Kenya’s shilling strengthened against the dollar on Wednesday, as scant foreign exchange demand was met by stronger month-end inflows, traders said.

Kenyan shilling firms to new 1-year high

At 0950 GMT, commercial banks quoted the shilling at 131.50/132.50 per dollar, compared with Tuesday’s close of 131.70/132.70.

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