Markets

Kenyan shilling steady as diaspora FX inflows match demand

Published August 27, 2024 Updated August 27, 2024 02:24pm
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NAIROBI: The Kenyan shilling was steady on Tuesday, with foreign exchange inflows from the diaspora matching muted demand from fuel importers and manufacturers, traders said.

Kenyan shilling steady in muted trade; no reaction to S&P downgrade

At 0822 GMT, LSEG data showed the shilling at 128.25/129.25 to the US dollar, the same level it closed on Monday.