NAIROBI: Kenya's shilling gained on Wednesday, helped by commercial banks unwinding their dollar positions due to subdued demand.
At 0850 GMT, commercial banks quoted the shilling at 101.00/10 to the dollar, compared with Tuesday's close of 101.15/25. Traders said they forecast the shilling to trade in the 101.00 to 101.25 range against the dollar in the next few days.