Kenya's shilling was stable on Tuesday and traders said it could strengthen in the days ahead, helped by dollar inflows from non-governmental organisations.
"Maybe when inflows improve, we will see it gaining. I have seen some big NGOs (non-governmental organisations) making enquiries. But for now we are locked, range-bound trade," a trader at one commercial bank said.
Traders said they forecast the shilling to trade in the 102.20-102.35 range against the dollar in the next few days.