Market News
Kenyan shilling steady as export dollar inflows match rising demand - CNBC
BY Sonia Rao
NAIROBI, Nov 21 (Reuters) – The Kenyan shilling was steady on Thursday as dollar inflows from exports matched rising demand from the manufacturing sector, one trader said.
The shilling traded at 129.00/130.00 at 06:52 GMT, according to LSEG data, the same as Wednesday’s closing rate.
The East African currency weakened slightly in the past week, after remaining rangebound since early August.
(Reporting by Sonia Rao; Editing by Hereward Holland)
