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Kenyan shilling weakens due to increased FX demand from various sectors - REUTERS

NOVEMBER 16, 2024

Sonia Rao

NAIROBI, Nov 14 (Reuters) – The Kenyan shilling weakened on Thursday due to increased demand for dollars across various sectors in the economy, one trader said.

At 0704 GMT, commercial banks quoted the shilling at 129.30/129.50 to the dollar, compared with Wednesday’s closing rate of 128.75/129.75.

(Reporting by Sonia Rao; Editing by George Obulutsa)

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