Kenya's shilling was seen staying within a narrow band after slow demand for the dollar from multinational corporations on Wednesday, and traders expected a period of market stability to continue.
Shilling steady on slow corporate demand for dollars
At 0845 GMT, a commercial bank quoted the shilling at 101.25/35 to the dollar, unchanged since its close on Tuesday.
A teller arranges Kenya shilling coins and notes inside the cashier's booth at a forex exchange bureau in Kenya's capital Nairobi, April 20, 2016. REUTERS/Thomas Mukoya
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