Kenya's shilling was stable on Friday and traders said it was expected to weaken next week due to increased dollar demand from importers.
Shilling steady, seen easing
At 0717 GMT, commercial banks quoted the shilling at 102.35/45 to the dollar, the same as Thursday's close.
A currency dealer counts Kenya shillings at a money exchange counter in Nairobi in a file photo. REUTERS/Antony Njuguna
"It's very quiet. Both counters, demand and supply are very well-matched. Next week we expect the shilling to be under pressure. We will have more demand ... from general importers and manufacturers," a senior trader at one commercial bank said.
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