Kenya’s shilling firms, tea export dollars to add more lift

29 Jul, 2024

NAIROBI: The Kenyan shilling slightly strengthened early on Monday, and traders anticipate further gains backed by expected dollar inflows from tea exports.

Kenya shilling steady, central bank sales could provide support

At 0807 GMT, commercial banks quoted the shilling at 130.50/131.50, a slight increase compared to Friday’s closing rate of 130.75/131.75.

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