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Shilling inclined toward weakening as energy firms' demand weighs

20:16 - 10 October 2016
A currency dealer counts Kenya shillings at a money exchange counter in Nairobi October, file. REUTERS/Antony Njuguna
A currency dealer counts Kenya shillings at a money exchange counter in Nairobi October, file. REUTERS/Antony Njuguna
At 0744 GMT, commercial banks quoted the shilling at 101.20/40 to the dollar compared with Friday's closing level of 101.15/35.
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The Kenyan shilling was biased toward weakening against the dollar on Monday, undermined by hard currency demand from energy importers.

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