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Shilling steady, oil importer dollar demand met by NGO inflows

Kenya Central Bank Governor Patrick Njoroge speaks during an interview with Reuters in his office in the capital Nairobi, December 8, 2015. REUTERS/Thomas Mukoya
Kenya Central Bank Governor Patrick Njoroge speaks during an interview with Reuters in his office in the capital Nairobi, December 8, 2015. REUTERS/Thomas Mukoya
At 0808 GMT, commercial banks quoted the shilling at 101.20/30 to the dollar
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Kenya's shilling was steady on Tuesday, with dollar demand from oil companies being matched by inflows from non-governmental organisations, traders said.

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At 0808 GMT, commercial banks quoted the shilling at 101.20/30 to the dollar, the same as Monday's close.

The shilling, which has gained 1.1 percent to the greenback, is seen trading in the 101.10 to 101.30 range in next few days.

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