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Kenyan shilling edges up on lacklustre demand for dollars

PUBLISHED: Tue, 13 Apr 2021 09:42:41 GMT

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NAIROBI, April 13 (Reuters) – The Kenyan shilling strengthened against the dollar on Tuesday due to a sharp slowdown in demand for hard currency. At 0930 GMT, commercial banks posted the shilling at 106.80/107.00, slightly up from Monday’s close of 107.00/20. The currency of East Africa’s richest economy has been gaining over the past fortnight, thanks to positive sentiments created by the approval of a new financing line for the government by the IMF, amid higher dollar inflows. ………………………Shilling spot rates …………………Shilling forward rates …………………..Cross rates …………………………….Local contributors …………………..Central Bank of Kenya Index …………………Kenyan Bonds contributor pages ……………Treasury bill yields ………………Central bank open market operations …………………….Horizontal repo transactions , …………….Daily interbank lending rate ………………………..Kenya Bond pricing ……………………………NSE-20 Share Index ……………………………NSE-25 Share Index ……………………………NSE All Share Index ………………………FT NSE Kenya 15 Index …………………….. FT NSE Kenya 25 Index SPEED GUIDES: (Reporting by Duncan Miriri)

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