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In Kenya Shilling under pressure as manufacturers seek dollars

By 0822 GMT, the shilling was quoted at 100.50/60, compared with Monday's close of 100.45/55.

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

The Kenyan shilling came under pressure on Tuesday from manufacturing firms seeking dollars while inflows of foreign exchange slowed.

By 0822 GMT, the shilling was quoted at 100.50/60, compared with Monday's close of 100.45/55.

The currency could receive a boost next week from the sale of a nine-year infrastructure bond that is expected to draw in dollars from offshore investors, traders said.

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