Markets

Kenyan shilling inches up as liquidity tightens

Published November 22, 2018 Updated November 22, 2018 12:05pm

At 0935 GMT, commercial bank quoted the shilling at 102.35/55 per dollar, compared with 102.45/65 at Wednesday's close.

The weighted average interest rate on the overnight lending market for banks rose to 4.53 percent on Wednesday from 4.39 percent the previous day.

Copyright Reuters, 2018