Markets
Kenyan shilling weakens due to increased importer dollar demand
The shilling at 100.60/80 per dollar, compared with 100.35/55 at Friday's close.
Kenya's financial markets wil
- The shilling at 100.60/80 per dollar, compared with 100.35/55 at Friday's close.
- Kenya's financial markets will be closed on Tuesday for a public holiday.
NAIROBI: The Kenyan shilling weakened on Monday due to increased dollar demand from merchandise importers and some multinational companies, traders said.
At 0742 GMT, commercial banks quoted the shilling at 100.60/80 per dollar, compared with 100.35/55 at Friday's close.
Kenya's financial markets will be closed on Tuesday for a public holiday.
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