NAIROBI: Kenyan shilling was steady in early trade on Monday and was expected to gain ground on the back of dollar inflows from foreign investors interested in buying a five-year Treasury bond being auctioned later this week.

At 0804 GMT, commercial banks quoted the shilling at 101.15/25 to the dollar, unchanged from Friday's close. The shilling has gained 1.1 percent against the dollar this year.

Copyright Reuters, 2016