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Tuesday, August 30, 2016

[fm]: Kenyan shilling stable, seen easing due to importer dollar demand


The Kenyan shilling was stable against the dollar on Tuesday with demand coming from importers and manufacturers expected to put pressure on it, traders said.

At 0700 GMT, commercial banks quoted the shilling at 101.35/45 to the dollar, unchanged from Monday's close.




By: Reuters.

Reporting: John Ndiso.

Editing: George Obulutsa.

Photo: Nigeria Today.

Review: Emerging Market Formulations & Research Unit, FLAGSHIP RECORDS.


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