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Markets

Kenyan shilling weakens against the dollar amid end-month demand

The shilling at 101.70/90 per dollar, compared with 101.55/75 at Friday's close. NAIROBI: The Kenyan shilling
Published November 25, 2019
  • The shilling at 101.70/90 per dollar, compared with 101.55/75 at Friday's close.

NAIROBI: The Kenyan shilling weakened against the dollar on Monday due to end month dollar demand from merchandise importers and the energy sector, traders said.

At 0930 GMT, commercial banks quoted the shilling at 101.70/90 per dollar, compared with 101.55/75 at Friday's close.

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