Shilling stable, foreign appetite for bond eyed

20:11 - 17 August 2016

A teller counts Kenya shilling notes inside the cashier's booth at a forex exchange bureau in Kenya's capital Nairobi, April 20, 2016. REUTERS/Thomas Mukoya

At 1105 GMT, commercial banks posted the shilling at 101.45/55 per dollar, unchanged from the previous day's close.

The Kenyan shilling held steady against the dollar on Wednesday and traders said hard currency inflows into a Treasury bond auction from investors abroad was in focus.

"We will see some flows from foreign investors," said a trader with a commercial bank, referring to a 10-year Treasury bond worth 25 billion shillings, which is on sale.