Markets

Kenya’s shilling stable; tea sector FX inflows to boost

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NAIROBI: Kenya’s shilling was steady on Monday, and was expected to gain ground, bolstered by dollar inflows from tea exporters, traders said.

Kenyan shilling stable and seen staying that way, traders say

Commercial banks quoted the shilling at 128.50/129.50 per dollar at 0750 GMT, same as Friday’s closing rate.