Kenya’s shilling firms; tea exporter dollar inflows help

NAIROBI: Kenya’s shilling gained ground on Wednesday, boosted by dollar inflows from tea exporters and low importer...
12 Jun, 2024

NAIROBI: Kenya’s shilling gained ground on Wednesday, boosted by dollar inflows from tea exporters and low importer hard-currency demand, traders said.

Kenyan shilling unchanged; tea, coffee dollar inflows to lift it

At 0806 GMT, commercial banks quoted the shilling at 128.00/129.00 per US dollar, compared with Tuesday’s closing rate of 129.00/130.00.

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