NAIROBI, May 11 (Reuters) - Kenya's shilling weakened on Friday due to increased dollar demand from across all sectors, including energy importers, traders said.
moreThe Kenyan shilling could weaken in the coming week due to excess shilling liquidity in the money market, increasing demand for dollars, traders said.
moreCommercial banks quoted the shilling at 100.45/55 per dollar, compared with 100.25/45 at last Thursday's close. "We are approaching end of cash reserve ratio cycle; there is an excess of shilling liquidity, that is, more Kenyan shilling chasing dollars ...
more| 10 May 2018 05:30 | Reuters Africa |
NAIROBI, May 10 (Reuters) - The Kenyan shilling was steady against the dollar on Thursday with inflows from offshore investors meeting demand from the energy sector and manufacturers, traders said.
more| 09 May 2018 04:56 | Reuters Africa |
NAIROBI, May 9 (Reuters) - The Kenyan shilling weakened against the dollar on Wednesday amid increased shilling liquidity in the money markets, traders said.
more| 08 May 2018 04:56 | Reuters Africa |
NAIROBI, May 8 (Reuters) - The Kenyan shilling was unchanged against the dollar on Tuesday and was forecast to gain ground, helped by inflows from diaspora remittances, traders said.
more| 07 May 2018 04:11 | Reuters Africa |
NAIROBI, May 7 (Reuters) - The Kenyan shilling was stable against the dollar on Monday but was expected to ease due to demand from multinational companies buying dollars to repatriate dividends, traders said.
more| 19 Mar 2018 04:11 | Reuters Africa |
NAIROBI, March 19 (Reuters) - The Kenyan shilling was steady against the dollar on Monday ahead of a central bank decision on lending rates later in the day, traders said.
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