Markets

Kenyan shilling stable amid excess liquidity in money markets

Published October 11, 2018 Updated October 11, 2018 10:44am

At 0854 GMT, commercial banks quoted the shilling at 100.80/101.00 per dollar, the same as Tuesday's close. Kenyan markets were closed on Tuesday for a public holiday.

The daily interbank lending rate was quoted at 3.4630 percent on Tuesday, compared with 3.6861 in the previous session.

Copyright Reuters, 2018