Kenyan shilling stable, seen easing due to importer dollar demand

PUBLISHED: Tue, 30 Aug 2016 08:57:30 GMT


The Kenyan shilling was stable against the dollar on Tuesday with demand coming from importers and manufacturers expected to put pressure on it, traders said.

At 0700 GMT, commercial banks quoted the shilling at 101.35/45 to the dollar, unchanged from Monday’s close.

(Reporting by John Ndiso; Editing by George Obulutsa)

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