Kenya shilling steady, central bank sales could provide support

NAIROBI: Kenya’s shilling was stable on Thursday, but could to come under pressure due to offshore dollar demand,...
25 Jul, 2024

NAIROBI: Kenya’s shilling was stable on Thursday, but could to come under pressure due to offshore dollar demand, while any sales by the central bank could give it a boost, traders said.

Kenyan shilling unchanged versus dollar, LSEG data shows

At 0741 GMT, commercial banks quoted the shilling at 132.50/133.50 per dollar, the same as Wednesday’s rate.

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