NAIROBI: Kenya’s shilling was stable on Monday with traders expecting the currency to gain ground during the session, helped by remittances and dollar inflows from tea exporters.

Kenyan shilling inches higher on agricultural exports, interbank flows

At 0715 GMT, commercial banks quoted the shilling at 130.50/131.50 per dollar, the same as Thursday’s closing rate. Markets were closed on Friday for a public holiday.