ADVERTISEMENT

Shilling steady, seen under pressure from end-month dollar demand

Kenya's shilling was steady on Thursday, and traders said it was seen easing slightly due to end-month importer dollar demand from sectors like energy and manufacturing.

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 0725 GMT, commercial banks quoted the shilling at 101.10/20 to the dollar.

This rate is unchanged from Wednesday's close. The shilling has gained 1.1 percent against the dollar so far this year.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

33 states at high risk of flooding problems between July and September

33 states at high risk of flooding problems between July and September

71-year-old Putin extends reign as Russian president to 2030, sworn in for 5th term

71-year-old Putin extends reign as Russian president to 2030, sworn in for 5th term

Sanwo-Olu wants Lagosians to be friendly to corps members

Sanwo-Olu wants Lagosians to be friendly to corps members

Governor Adeleke vows to invest in Ile-Ife and restore its lost glory

Governor Adeleke vows to invest in Ile-Ife and restore its lost glory

Tech industry gets green push as NGO unveils eco-friendly initiative

Tech industry gets green push as NGO unveils eco-friendly initiative

Senate creates committee to investigate Abuja Centenary City project delay

Senate creates committee to investigate Abuja Centenary City project delay

NNPC assures over 30-day fuel supply, urges motorists against panic buying

NNPC assures over 30-day fuel supply, urges motorists against panic buying

Presidency gives fresh update on Tinubu's return date from foreign trip

Presidency gives fresh update on Tinubu's return date from foreign trip

Adeleke laments poor infrastructure, promises to revive Ile-Ife's legacy

Adeleke laments poor infrastructure, promises to revive Ile-Ife's legacy

Pulse Sports

Chelsea set to offer Romelu Lukaku and cash for Super Eagles star Victor Osimhen

Chelsea set to offer Romelu Lukaku and cash for Super Eagles star Victor Osimhen

Mikel Obi: Super Eagles legend goes viral speaking Hausa

Mikel Obi: Super Eagles legend goes viral speaking Hausa

Anthony Joshua: Nigerian-born boxer teams up with Mariah Carey, Naomi Campbell and Cuppy in France

Anthony Joshua: Nigerian-born boxer teams up with Mariah Carey, Naomi Campbell and Cuppy in France

ADVERTISEMENT
ADVERTISEMENT