Shilling eases, seen gaining agriculture sector inflows

13:52 - 29 July 2016

Kenya shilling coins and notes are pictured inside a cashier's booth at a forex exchange bureau in Kenya's capital Nairobi, April 20, 2016. REUTERS/Thomas Mukoya?

At 0834 GMT, commercial banks quoted the shilling at 101.45/55 to the dollar, compared with 101.30/40 at Thursday's close.

The Kenyan shilling weakened on Friday due to increased dollar demand from the energy sector but was seen receiving support from foreign exchange inflows from horticulture produce exporters.

The Ugandan shilling was flat on Wednesday although market players were anticipating a boost from dollar inflows from offshore traders participating in a Treasury auction.

At 1145 GMT, commercial banks quoted the shilling at 3,340/3,350, unchanged from Tuesday's close.