Markets
Kenyan shilling weakens due to importer dollar demand
The shilling at 100.65/85 per dollar, compared with 100.55/75 at Monday's close.
NAIROBI: The Kenyan shilling
- The shilling at 100.65/85 per dollar, compared with 100.55/75 at Monday's close.
NAIROBI: The Kenyan shilling weakened on Wednesday due to dollar demand from merchandise importers and multinational companies, traders said.
At 0753 GMT, commercial banks quoted the shilling at 100.65/85 per dollar, compared with 100.55/75 at Monday's close, Kenya's financial markets were closed on Tuesday for a public holiday.
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