Markets

Kenyan shilling holds steady against the dollar

Published May 15, 2025 Updated May 15, 2025 03:26pm
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NAIROBI: Kenya’s shilling was stable on Thursday but market participants said it could weaken slightly later in the session due to potentially higher demand for dollars from general goods importers.

Kenya shilling gains slightly versus dollar, LSEG data shows

At 0651 GMT, commercial banks quoted the shilling at 129.00/50, unchanged from Wednesday’s closing rate.