Business news feedKenyan shilling stable, demand by oil importers could pose risk

Fri,20Oct2017

Posted on Tuesday, 17 January 2017 07:36

Kenyan shilling stable, demand by oil importers could pose risk

January 17, 2017, 9:36 am

NAIROBI (Reuters) - The Kenyan shilling traded stable against the dollar on Tuesday, with a likely surge in demand by oil importers seen posing depreciation risk for the local currency. At 0755 GMT, commercial banks quoted the shilling at 103.95/104.05 to the dollar, the same level as Monday's close. (Reporting by John Ndiso; editing by Elias Biryabarema)



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