Kenyan shilling inches higher on agricultural exports, interbank flows

NAIROBI: Kenya’s shilling inched higher against the dollar on Thursday, as the supply of dollars from agricultural...
09 May, 2024

NAIROBI: Kenya’s shilling inched higher against the dollar on Thursday, as the supply of dollars from agricultural exporters and interbank flows was matched by muted demand in the fuel and manufacturing sectors, traders said.

Kenyan shilling gains as IMF talks near, importers hold off

At 0910 GMT, commercial banks quoted the shilling at 130.50/131.50, compared to Wednesday’s closing rate of 131.00/132.00.

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