Kenya: Shilling Firms On Rise in Inflows, Low Dollar Demand

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The Kenyan shilling has firmed against the U.S. dollar, gaining about 0.1 percent since Monday following increased foreign exchange inflows amid low dollar demand. On Wednesday, the Central Bank of Kenya (CBK) quoted the shilling at 103.58 against the dollar, a rise from 103.63 Monday and 103.65 Friday last week. Analysts attributed the rise to increased…

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