Shilling steady, under pressure from importers

At 0748GMT, commercial banks quoted the shilling at 101.20/40 to the dollar, compared to 101.15/35 at Tuesday's close.

A currency dealer counts Kenya shillings at a money exchange counter in Nairobi,  file.   REUTERS/Antony Njuguna

The Kenyan shilling was steady against the dollar on Tuesday but was expected to come under pressure from a slight uptick in importer demand, traders said.

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