NAIROBI: The Kenyan shilling held steady against the dollar on Thursday and was expected to weaken due to increased demand from oil and other merchant importers, traders said.
At 0800 GMT, commercial banks quoted the shilling at 100.40/50 per dollar, the same as Wednesday's close. The shilling hit 100.20 to the dollar on Tuesday, its highest level in nearly two years, earlier this week.
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