The Kenyan shilling held steady against the dollar on Monday with demand for foreign exchange from manufacturers and importers matched by the supply from exports, traders said.
Shilling firm, export earnings meet corporate dollar demand
At 0859 GMT, commercial banks quoted the shilling at 100.60/80 compared with 10.65/75 at Friday's close.
A teller serves a client with Kenya shilling notes at the cashier's booth of a forex exchange bureau in Kenya's capital Nairobi, April 20, 2016. REUTERS/Thomas Mukoya
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
New Ebonyi deputy governor Obila not interested in listening to gossip
New Benue Governor lays foundation for 100 housing units
New Abia governor Alex Otti freezes state's bank accounts
Kyari tells Tinubu fuel queues will soon vanish after subsidy removal chaos
FG owes NNPC ₦2.8 trillion fuel subsidy payment deficit
Ganduje denies seeking appointment from Tinubu
Lawmakers tell citizens to pray for successful fuel subsidy removal
Tribunal admits US court judgment ordering Tinubu's forfeiture of $460,000
Tinubu appoints presidential photographers as he resumes office
ADVERTISEMENT