Kenyan shilling falls to lowest since mid-August on election jitters

PUBLISHED: Mon, 23 Oct 2017 11:45:27 GMT

The Kenyan shilling dropped to 103.75/85 per dollar on Monday, its lowest level since mid-August, traders said, mainly due to concerns about potential violence during a repeat presidential scheduled for Oct. 26.

Opposition leader Raila Odinga has told supporters to boycott of the election, alleging polls won’t be free and fair. His call for national protests has raised fears that opposition supporters may be drawn into confrontations with police.

Reporting by Duncan Miriri; editing by Katharine Houreld

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