NAIROBI: The Kenyan shilling was unchanged on Monday and traders said it was likely to be stuck in a narrow band for the rest of the week. Share prices rose.
At 1330 GMT, commercial banks posted the shilling at 102.30/40 to the dollar, the same as Friday's closing rate.
"Trading has been range-bound," said one trader at a major commercial bank in Nairobi, adding the currency would likely hover in the 102.20-102.50 range.
On the Nairobi Securities Exchange, the main NSE-20 Share Index was up 5.06 points, to close at 3,752.45.
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