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Shilling stable ahead of monetary policy meeting

By 0747 GMT, the shilling was quoted at 101.40/50, the same rate as Friday's close

A currency dealer counts Kenya shillings at a money exchange counter in Nairobi October 23, 2008.  REUTERS/Antony Njuguna

Kenya's shilling was steady amid thin early trading on Monday, as the market awaited news from the Central Bank of Kenya's monetary policy meeting later in the day.

By 0747 GMT, the shilling was quoted at 101.40/50, the same rate as Friday's close.

The shilling has appreciated about 0.8 percent against the dollar so far this year.

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