Advertisement

Shilling stable, amid weak dollar demand

A currency dealer counts Kenya shillings at a money exchange counter in Nairobi October 23, 2008.  REUTERS/Antony Njuguna
A currency dealer counts Kenya shillings at a money exchange counter in Nairobi October 23, 2008. REUTERS/Antony Njuguna
By 0843 GMT, the shilling was quoted at 101.50/60, the same rate as Tuesday's close
Advertisement

Kenya's shilling was steady on Wednesday amid weak demand for dollars as corporate business slowed ahead of Easter weekend holidays that start on Friday.

Advertisement

By 0843 GMT, the shilling was quoted at 101.50/60, the same rate as Tuesday's close.

The shilling has appreciated about 0.7 percent against the dollar so far this year.

Advertisement