The Kenyan shilling firmed slightly against the US dollar. |||
The Kenyan shilling firmed slightly against the dollar on Tuesday but traders said they expected it to stay under pressure from importers buying the US currency to meet end-month needs. At 09:38 SA time, commercial banks quoted the shilling at 84.05/25 per dollar, up from Monday's close of 84.20/40. “The shilling has improved slightly on interbank selling (dollars), but we don't expect this to last because there is demand for dollars from importers,” said a trader at one commercial bank.
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