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.
Shilling eases, seen gaining agriculture sector inflows
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 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.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
BREAKING: FG grants Air Peace right to commence Abuja-London flights - Keyamo
Deputy who dumped Akeredolu clinches PDP governorship ticket
Gov inaugurates 2nd phase of palliative distribution to poor Enugu residents
Flight Dispatchers fault Keyamo's order to suspend Dana Air over landing mishap
Respite for Nigerians as NNPC says cause of fuel scarcity has been resolved
Again, JAMB extends Direct Entry registration, says 2024 UTME best in history
Lagos residents need real empowerment, not your food packs, LP tells Sanwo-Olu
Ikoyi prison controller in trouble for disobeying court order on convict's whereabouts
How non-communicable diseases kill most productive population – WHO expert
ADVERTISEMENT