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

by Reuters 0

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.

Kenya's central bank says to mop up 12 bln shillings

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